Question
States can tax business in their state in any manner they see fit. True/False States are required to follow UDITPA and the conclusions from the
States can tax business in their state in any manner they see fit. True/False
States are required to follow UDITPA and the conclusions from the Multistate tax commission. True/False
A state can tax both the multistate business income and non-business income of a corporation as long as the income is apportioned. True/false
UDITPA requires all States to use the following formulas in apportionment of business taxable income: 1. Only sales 2 Property, sales and payroll, 3. Property and sales 4. Any combination as long as it is equitable in relationship to apportionment.
The dormant Commerce Clause was created by Congress. True/False
States have the right to tax a resident on his or her worldwide income. True/False
A State can tax property of an international ship line for foreign flagged ships in its harbor. True/False
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