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9. One state cannot impose a tax on a corporation's property if the corporation does any business in the state. [the Court has] developed the
9. One state cannot impose a tax on a corporation's property if the corporation does any business in the state.
[the Court has] developed the unitary business principle. Under that principle, a State need not isolate the intrastate income-producing activities from the rest of the business but may tax an apportioned sum of the corporation's multistate business if the business is unitary.
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