Income Taxes: Special Problems in Formulary Apportionment , focuses on advanced apportionment principles and special problems. The portfolio includes a review of constitutional principles and focuses on distortion in the apportionment of income. It is not intended to be an exhaustive review of basic state apportionment principles. Rather, references are made to the laws of certain jurisdictions for illustrative purposes. As with all state taxation, relevant statutes, regulations, administrative decisions and case law should be consulted for specific guidance.
For a general discussion of the three–factor formula contained in UDITPA and important variations and distortions from the formula, see 1150 T.M., Income Taxes: Principles of Formulary Apportionment. For a state–by–state discussion of apportionment formulas, see 1160 T.M., Income Taxes: State Formulary Apportionment Methods (Alabama Through Michigan) and 1170 T.M., Income Taxes: State Formulary Apportionment Methods (Minnesota Through Wyoming). For additional relevant Bloomberg BNA Tax Management Portfolios consult the “Multistate Tax Portfolio Classification Guide,” in the Bloomberg BNA Tax Management Multistate Tax Portfolio Index binder.
Subscribers to the print or CD version of the Portfolio will find late-breaking developments reported in the Bloomberg BNA Tax Management Multistate Tax Report. Subscribers to the Internet version of the Portfolio will find late-breaking developments reported in the Bloomberg BNA Tax Management Weekly State Tax Report.
This Portfolio is part of the Premier State Tax Library, a comprehensive series, which covers major state tax transactions and issues with expert, in-depth analysis, and offers commentary on a wide range of multi-state and state-specific taxation topics, including Sales and Use, Corporate Income, Individual Income, Property, Gross Receipts, Limitations on States' Authorities to Tax, Credits and Incentives, Electronic Commerce, Mergers and Acquisitions, Procedure and Administration, Special Industries, and more.
Portfolio Description
Authors
Description
Detailed Analysis
1180.01. INTRODUCTION & OVERVIEW
1180.02. PURPOSE AND COMMON METHODS OF APPORTIONMENT
Introductory Material
A. Receipts
B. Property
C. Payroll
1180.03. CONSTITUTIONAL REQUIREMENTS
A. Internal and External Consistency
1180.04. REVISING THE APPORTIONMENT FORMULA
A. Filing Returns Adopting Alternative Methods Consistent With Ethical Guidelines Of The Return Preparer
B. Petition for a Change in Method
C. Change During Audit Initiated By Taxpayer Or Tax Administrator
1180.05. MEASURING AND PROVING DISTORTION
A. Reference to Other Factors or the Tax Base
B. Reference to Other Jurisdictions
C. Separate Accounting
D. Multiple Taxation
E. Alternative Formula
F. Burden of Proof/Calculation of Measurement
1180.06. COMBINED & CONSOLIDATED REPORTING
A. Combination of Disparately Profitable Businesses
B. Receipts Factor/Jurisdictional Issue
C. Combination of General and Specialized Corporations
1. Forced Combination of General and Specialized Corporations
2. Statutory Preclusion/Unusual Combinations for General and Specialized Corporations
D. Intercompany Transactions
E. Elective Combination
1180.07. FACTORS THAT DO NOT FAIRLY REPRESENT BUSINESS ACTIVITY
A. Condition Precedent/Earning the Right to Apportion
1. Value Added Tax Base
2. Activities of Corporate Officers
3. Higher Apportionment Standard
B. Receipts
1. Reflection of Unusual Sales Transactions in Receipts Factor
2. Dock Sales Transactions
3. Sales of Tangible Personal Property vs. Sales of Services
C. Property
1. Property Used by the Taxpayer
2. Safe Harbor Leased Property
3. Property not Producing Income
4. Property not in Taxing Jurisdiction
D. Payroll
1. Wages Paid Outside the State
E. "Unusual" Business Income
F. Timing & Order of Calculation Issues
1180.08. ATTRIBUTIONAL APPORTIONMENT
A. Flow-through Entities
1. Combination of Factors and Income
2. Apportionment at Flow-through Entity Level
3. Ignore Flow-through Entity Factors
B. Factor Relief or Representation
1. Modern Analytical Approach
2. Factor Representation Constitutionally Required
3. Factor Representation Used to Cure Defective Tax Base
C. Apportionment by Reference to Payor's Factors
Working Papers
Table of Worksheets
Worksheet 1 Uniform Division of Income for Tax Purposes Act - Annotated
Worksheet 2 Multistate Tax Commission Regulations - Excerpts
Worksheet 3 HANS REES' SONS, INC. v. NORTH CAROLINA 283 U. S. 123 (1931)
Opinion
Worksheet 4 MOORMAN MANUFACTURING CO. v. BAIR, DIRECTOR OF REVENUE OF IOWA 437 U.S. 267 (1978)
Worksheet 5 CONTAINER CORPORATION OF AMERICA v. FRANCHISE TAX BOARD 463 U.S. 159 (1983)
Worksheet 6 TRINOVA CORPORATION v. MICHIGAN DEPARTMENT OF TREASURY 498 U.S. 358 (1983)
Worksheet 7 McDONNELL DOUGLAS CORPORATION v. FRANCHISE TAX BOARD, 26 Cal. App. 4th 1789, 33 Cal. Rptr. 2d 129 (Cal. Ct. App. 1994)
Worksheet 8 IN RE BRITISH LAND (MARYLAND) INC. V. TAX APPEALS TRIBUNAL OF THE STATE OF NEW YORK ET AL., 647 N.E.2d 1280 (N.Y. 1995)
Bibliography