Unitary combined reporting for state income tax purposes - new developments.(California, New York): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1995. The length of the article is 674 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: Multinational taxpayers should be aware of the potential for state taxation as a combined group in California, New York and other states in light of rulings that have found unitary taxation constitutional. In California, corporations under common ownership that operate as a unit can have worldwide income subject to state taxation. The water's edge taxation election made available by California has proved burdensome. New York only requires combined reporting when separate filing is found to not clearly reflect New York state tax liability.

Citation Details
Title: Unitary combined reporting for state income tax purposes - new developments.(California, New York)
Author: Sylvia Dennen
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1995
Publisher: American Institute of CPA's
Volume: 26 Issue: n7 Page: 419(2)

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