Summary of LAO Findings and Recommendations on the 2011-12 Budget

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Program

Budget Issue
LAO Finding Or
Recommendation

Last Updated
 Go Back  Revenue Require use of single sales factor for multistate corporate income apportionment Recommend adoption of a mandatory single sales factor method for multistate and multinational corporate income apportionment. 2-16-11

Detailed Narrative

For more information, refer to our office's May 2010 report, Reconsidering the Optional Single Sales Factor, and a letter to a Member of the Legislature concerning the single sales factor dated January 6, 2011.