In the last two years, the General Assembly has enacted major changes to North Carolina’s corporate income tax law, including significant rate reductions, elimination of numerous incentive credits and ...

In January 2016, the Maryland Economic Development and Business Climate Commission (Commission) recommended that Maryland adopt single sales factor apportionment as the standard apportionment method.

DALLAS, May 7, 2018 /PRNewswire/ -- Maryland became the latest state to adopt single sales factor apportionment on April 24, 2018 when Governor Larry Hogan signed Senate Bill 1090 and House Bill 1794.

This paper investigates the choice of apportionment factors under a corporate tax system of Formula Apportionment. In contrast to perceived wisdom, we show that the apportionment formula contains both ...