TITLE

Apportionment Issues

AUTHOR(S)
Schadewald, Michael
PUB. DATE
March 2008
SOURCE
Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p9
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article provides updates on the taxation rules of each state in the U.S. regarding the determination of entities in the combined reporting group. Michigan has cancelled its single business tax policy effective on December 31, 2007 and integrated the business income tax and modified gross receipt tax application to different business activities and transactions carried out in the state. New York has carried out different changes in its corporate franchise tax on income and capital in accordance to the state's observed economic nexus as well as its proposed tax guidelines. Texas imposed the effectivity of margin tax on January 1, 2008 which necessitates companies operating within the state to file a combined business report.
ACCESSION #
31748668

 

Related Articles

  • An Overview of the Sales Apportionment Factor and its Application to Sales of Financial Instruments. Garst, Michael A. // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p15 

    The article discusses the concept of sales apportionment factor as well as its application to the sales of financial instruments in the U.S. It states that it has become a trend among U.S. states to shift their three factor apportionment formula towards a single sales apportionment factor in...

  • Sourcing and the Streamlined Sales Tax Project. Hahn, Nicholas // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p23 

    The article offers information on the concept of sourcing provisions in the streamlined sales tax project (SSTP) in the U.S. According to the author, STTP was created to assert and regain the provisions of the manifestation of sanity in accordance with complexities of sales and use tax...

  • Nexus News. Gall, Maryann B.; Kulwicki, Laura A. // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p5 

    The article offers information on the proposed taxation policy and related developments in New York. Former Governor Eliot Spitzer submitted the state's 2008-2008 executive budget proposal with an estimated budget request of $434 million as well as the proposed ameliorations on the state's...

  • Summaries of Papers in this Issue. Berliant, Marcus; Rothstein, Paul; Yitzhaki, Shlomo; Kitchen, John; Gupta, Sanjay; Mills, Lillian F.; Serra, Pablo // National Tax Journal;Jun2003, Vol. 56 Issue 2, p297 

    Presents abstracts of articles published in the June 2003 issue of the "National Tax Journal." "Possibility, Impossibility, and History in the Origins of the Marriage Tax," by Marcus Berliant and Paul Rothstein; "Cost-Benefit Analysis and the Distributional Consequences of Government Projects,"...

  • State of the States. Pickart, Joseph A.; Pessefall, Douglas A. // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p13 

    The article focuses on the sales and use tax treatment of transactions that involve both nontaxable services and tangible personal property on the interior design industry in Wisconsin. It states that the general rule in Wisconsin and in other states in the country is that all sales and uses of...

  • Nexus and the Need for Clarification: The Rise of Economic and Attributional Nexus. Berger, Christina // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p29 

    The article explores the economic and attributional nexus in the U.S. financial services industry and the principles on which these concepts are based. It states that the major component of lending and financial activities of the financial sector is manifested through an extension of a direct...

  • Start of Pay and File. Greene, Chris; Maddalena, Christina // Accountancy;Feb1993, Vol. 111 Issue 1194, p100 

    Reports on the scheduled implementation of the Pay & File system for assessing and collecting corporation tax in Great Britain, for accounting periods ending on or after October 1, 1993. Provisions of Pay & File regulations; Contact information.

  • Tax Trends. Cummings, Rocky // Journal of State Taxation;Mar2008, Vol. 26 Issue 3, p11 

    The article discusses the implications of the proposed Business Activity Tax Simplification Act of 2008 (BATSA) in the U.S. According to the author, the bill aims to establish a new bright line of economic nexus regulations that address business activity taxes (BATs) as well as introduce...

  • Know Your Nexus: States Dig Deep for Unpaid Taxes. Whitehouse, Tammy // Compliance Week;Nov2009, Vol. 6 Issue 70, p30 

    The article discusses the efforts of U.S. state governments in collecting tax revenues from corporate taxpayers. It notes that state governments expand its nexus claims and determine every taxable business of a company due to severe financial crisis. It cites that state tax collectors target...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics