GroundRules
7-4-16: Sales factor for apportionment of business income.
Where this section sits in the code
- Chapter 7 - Taxation
- ARTICLE 4 Division of Income for Tax Purposes
The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the tax period, and the denominator of which is the total sales of the taxpayer everywhere during the tax period.
Collected 2026-09-03T15:02:19Z. Source file · JSON