copy and paste this google map to your website or blog!
Press copy button and paste into your blog or website.
(Please switch to 'HTML' mode when posting into your blog. Examples: WordPress Example, Blogger Example)
California Franchise Tax Board issues legal ruling on unitary . . . On October 25, 2021, the California Franchise Tax Board (FTB) issued Legal Ruling 2021-01, Unity of Apportioning Pass-through Entities (Ruling), on how to apply unitary business principles to pass-through entities (such as partnerships, S corporations and limited liability companies treated as either) for the purpose of apportioning state taxes
Unitary business group Definition | Law Insider A business conducted directly or indirectly by one corporation is unitary with that portion of a business conducted by another corporation through its direct or indirect interest in a partnership
UNITARY BUSINESS PRINCIPLE: centralized management, unity of . . . The unitary business principle is a concept in U S state corporate income tax law that determines whether the income of a multistate corporation can be apportioned among the states in which it operates Under this principle, if a corporation's operations are sufficiently interrelated and integrated, they are considered a "unitary business," and the states can apportion the corporation's total
Multistate Tax Commission Memorandum - MTC A business conducted directly or indirectly by one corporation is unitary with that portion of a business conducted by another corporation through its direct or indirect interest in a partnership if the conditions of the first sentence of this section 1 F are satisfied, to wit: there is a synergy, and exchange and flow of value between the two