Transcription of Apportionment & Market-Based Sourcing
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NESTOA, Stowe, VTSeptember 18, 2017 Apportionment & Market-Based SourcingModerator: David DavenportRath, Young and Pignatelli, :Michael FataleMassachusetts Department of RevenueCarollynn WardNew Hampshire Department of Revenue AdministrationOne Capital PlazaConcord, New Hampshire 03301(603) 226-2600120 Water Street, 2nd FloorBoston, MA 02109 Montpelier, VT(Opening October 2017)Background on Apportionment Apportionment = How much of the Corporate Income pie can a particular State tax? Historical Apportionment formula consisted of equally weighted Property factor, Payroll factor, and Sales factor2 Background on Apportionment Sales factor is increasingly important States commonly moved to double-weighted sales factor Increasingly, States have been enacting single sales factor apportio
NESTOA, Stowe, VT September 18, 2017 Apportionment & Market-Based Sourcing Moderator: David Davenport Rath, Young and Pignatelli, P.C. Speakers: Michael Fatale
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