Payroll Factor Primer

Schadewald, Michael S.
September 2009
Journal of State Taxation;Sep/Oct2009, Vol. 27 Issue 6, p9
Academic Journal
The article discusses the payroll factor's computation in the U.S. corporate income tax. It conforms to the guidance provided by the Uniform Division of Income for Tax Purposes Act and the Multistate Tax Commission's regulations. The payroll factor is a fraction wherein the numerator is the total amount paid during the tax year for compensation and the denominator of which is the total compensation paid everywhere. Compensation refers to remuneration paid to employees for personal services.


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