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- 8019 - MN Rules Chapter
Subp 2 Unitary business "Unitary business" means business activities or operations which result in a flow of value between them The term is applied to a flow either between multiple entities that are related through common ownership or within a single legal entity, and without regard to whether each entity is a sole proprietorship, a corporation, a partnership, or a trust Flow of value is
- Legal Ruling 2021-01 - Franchise Tax Board
In Edison California Stores, the court discussed another unity test, the “contribution or dependency" test, under which components of a business must be treated as parts of a single unitary enterprise if the business within the state is "dependent upon or contributes to" the operation of the business outside the state 3 The three unities
- Legal ruling 385 | FTB. ca. gov
The use of an apportionment formula to determine the California portion of the net income from a unitary business conducted within and without this state is authorized by Section 25101
- Navigating unitary taxation in California for businesses and . . .
Unitary taxation, in California and other states, requires business income to be taxed as if all entities were reporting as a single entity
- The Question Of Apportionability In State Tax Has No . . . - Forbes
States may only impose tax on the income of a business that is related to the unitary business conducted within the taxing state
- CHAPTER 8019 DEPARTMENT OF REVENUE UNITARY BUSINESS TAXATION
The term "unitary business" for purposes of filing a combined report includes only those corporations created or organized in the United States or under the laws of the United States or any state The mere ownership of as much as 100 percent of the stock of another corporation does not, in the absence of other indicia of a unitary business, mean that the business of the group is unitary in nature
- MOBIL OIL CORPORATION, Appellant, v. COMMISSIONER OF TAXES OF . . .
In Vermont, appellant's business activities are confined to wholesale and retail marketing of petroleum and related products Mobil has no oil or gas production or refineries within the State Although appellant's business activity in Vermont is by no means insignificant, it forms but a small part of the corporation's worldwide enterprise
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