Forbes

Single Sales Factor Apportionment May Be Inevitable, But Is It Fair?

Fair apportionment is a constitutional requirement. According to Complete Auto Transit Inc. v. Brady, 430 U.S. 274 (1977), to be fairly apportioned, a state tax on corporate income must be limited to ...
JD Supra

Damages Apportionment For Infringing A Method Claim When The Smallest Saleable Unit Performs Infringing and Non-Infringing Functions

The Federal Circuit’s damages apportionment jurisprudence is an ever-evolving area of the law. On January 10, 2018, a three judge panel of the Federal Circuit revisited the issue in connection with a ...
JD Supra

Multistate Tax Commission Amends the Equitable Apportionment Provision of the Compact and Apportionment Rules for Financial Institutions

Yesterday, the Multistate Tax Commission (MTC) held its annual meeting in Spokane, Washington. The meeting is the annual event where full MTC member states approve model laws in their final version.
The National Law Review

Illinois Corporate Income Tax: Alternative Apportionment

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Al Bawaba News

Federal Tax Authority Outlines 4 Methods for Input Tax Apportionment for Businesses Making Mixed Supplies

The Federal Tax Authority (FTA) has set the conditions and methods for Input Tax apportionment for businesses making mixed supplies (taxable and exempt) as per the conditions set out in the Executive ...