State Q Has Adopted Sales-Factor-Only Apportionment for Its Corporate Income

question 56

Short Answer

State Q has adopted sales-factor-only apportionment for its corporate income tax. As a result, a
(larger/smaller) percentage of an out-of-state corporation's income is assigned to tax in the state.

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Definitions:

Age

A measure of time that an individual, object, or concept has existed, often used as a variable in research for correlation with other factors.

Longitudinal

A research design that involves repeated observations of the same variables over short or long periods of time.

Personality Development

The continual process of change and growth in an individual's personality characteristics, influenced by genetic factors, environment, and experiences.

Age

The period of time someone or something has existed, represented typically in years, and a fundamental demographic variable in research.