On the income tax side, the Multistate Tax Commission's ("MTC") efforts to rewrite the Uniform Division of Income for Tax Purposes Act ("UDITPA") and its apportionment
rules very much dominated the SALT headlines this year, and--contrary to the expectations of some--the MTC continues to press on.
details of the Compact's apportionment
scheme, suffice it to say
17) This procedure, which might be described as the largest fractional remainders method, was used by Congress from 1851 to 1901; (18) but it was never strictly followed because changes were made in the apportionments
that were not consistent with the method.
864(e)(2) provides that all allocations and apportionments
of interest expense must be made on the basis of asset values.
Seven research institutions, using varying methods, participated in the estimation of source apportionments
Should the eight parishes reconcile with the diocese, the budget situation would improve once they resumed paying their apportionments
to the diocese, noted business manager Mike Wellwood in an interview.
Yet only 13 percent of last year's refugee apportionments
were from this region.
With regard to the FSC commission, which is an area with revenue potential, Weyerhaeuser agreed to make one or more presentations to the IRS explaining the company's accounting system, tax adjustments, methods, and assumptions in making expense allocations and apportionments