Examlex

Solved

General Corporation Is Taxable in a Number of States

question 155

Multiple Choice

General Corporation is taxable in a number of states. This year, General made a $100,000 sale from its A headquarters to a customer in B. This activity is not sufficient for General to create nexus with B. State A applies a throwback rule, but State B does not. In which state(s) will the sale be included in the sales factor numerator?


Definitions:

Centers For Disease Control

A national public health institute in the United States that conducts and supports health promotion, prevention, and preparedness activities.

Mortality Data

Information related to death rates within a population, often used in public health to assess and monitor health outcomes and diseases.

Causes of Death

Factors or conditions that result in the termination of life.

Recreation Centre

A facility provided for leisure activities, including sports, fitness, and other recreational activities.

Related Questions