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Describe how the Franchise Tax Board of California modified the traditional three-factor formula of the unitary theory in attempting to tax Barclays Bank. Was this

Describe how the Franchise Tax Board of California modified the traditional three-factor formula of the unitary theory in attempting to tax Barclay’s Bank. Was this modification upheld in the Barclays Bank decision by the Supreme Court, and what happened in the aftermath of the decision?

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