| Last Updated: | 2/16/2011 |
| Budget Issue: | Require use of single sales factor for multistate corporate income apportionment |
| Program: | Revenue |
| Finding or Recommendation: | Recommend adoption of a mandatory single sales factor method for multistate and multinational corporate income apportionment. |
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.