Fair apportionment is a constitutional requirement. According to Complete Auto Transit Inc. v. Brady, 430 U.S. 274 (1977), to be fairly apportioned, a state tax on corporate income must be limited to ...
The 16th Finance Commission so far visited 16 states; visits to 12 more will be completed in the next few months. The commission has covered most of the Northeastern and Himalayan states as well as ...
In Health Net Inc. v. Dep’t of Revenue, Docket No. S063625 (Apr. 12, 2018), the Oregon Supreme Court rejected a business taxpayer’s constitutional challenges to a 1993 Oregon statute that eliminated ...
The proposal includes a shift to a single-sales-factor apportionment formula for financial institutions, aiming to increase tax revenue starting in tax year 2025. On May 14, 2025, Governor Newsom ...
KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with a delegation from the United Nations Fund for Population Activities (UNFPA) led by its Country Representative Dr Luay Shabaneh ...