Double Weighting the Sales Factor Effectively Decreases the Corporate Income

question 164

True/False

Double weighting the sales factor effectively decreases the corporate income tax burden on taxpayers based in the state, such as entities with in-state headquarters.

---

Definitions:

Synergistic Effect

The interaction of multiple elements that produces a total effect greater than the sum of individual effects.

Toxic Effects

The harmful and potentially dangerous side effects caused by substances, chemicals, or medications when ingested, inhaled, or absorbed.

Impaired Metabolism

A condition where the body's process of converting food and drink into energy is disrupted, potentially leading to various health issues.