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Business has 100 percent of its property and payroll located in the state but does not sell any of its products in the state. What
Business has 100 percent of its property and payroll located in the state but does not sell any of its products in the state. What percentage of income can the state tax if the state has an evenly weighted, three factor apportionment formula? A double-weighted sales factor? A single, sales-only factor?
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