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True or False. A trend that has been seen in recent years is the shift from the so-called equally weighted 3 factor formula to the
True or False. A trend that has been seen in recent years is the shift from the so-called equally weighted 3 factor formula to the use of a single factor formula which uses an apportionment factor based on payroll in a state vs. all payroll in all states.
True
False
TRUE or FALSE - In order for a corporation to have the right to apportion its business income among more than one state, the company must actually PAY tax in more than one state.
True
False
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