State Taxation - Taxing Out-of-State Business Activities
Mondaq Business Briefing › United States Law Articles in English (2008)
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State Taxation - Taxing Out-of-State Business Activities
For purposes of state corporate taxation, the determination of whether income is classified as “business” or “nonbusiness” can have significant tax implications. The U.S. Supreme Court recently addressed this issue in Meadwestvaco Corporation, Successor in interest to Mead Corporation v. Illinois Department of Reve...
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