Income taxes in a multistate environment.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on December 1, 1994. The length of the article is 1656 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Increased state income tax enforcement requires corporations doing business in more than one state to consider multiple tax return filings, nexus issues and apportionment of income among states. A state's taxing authority is based on whether a sufficient nexus exists between the entity and the state. If a nexus is established in multiple states, total income is allocated based on sales, payroll and property to determine share of taxable income. Passthrough entities' income is simply taxed at the shareholder level in the state of residence of each shareholder.

Citation Details
Title: Income taxes in a multistate environment.
Author: Bernard Leibtag
Publication:The Tax Adviser (Magazine/Journal)
Date: December 1, 1994
Publisher: American Institute of CPA's
Volume: 25 Issue: n12 Page: 743(3)

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