The trend in state income taxation is to move to an apportionment formula that places extra weight

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The trend in state income taxation is to move to an apportionment formula that places extra weight on the sales factor. Several states now use sales factor-only apportionment. Explain why this development is attractive to the taxing states.

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: Sep 09, 2015 07:09 AM

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The trend in state income taxation is to move to an apportionment formula that places extra weight

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Most states now overweight the sales factor because such a computation tends to create ...View the full answer

South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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