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Apportionment › Income Taxes › Business Income

Venable LLP

Seller Beware - Court Rules That California Can Tax Gain from the Sale of Goodwill

Venable LLP on

A California state appellate court recently upheld the trial court's decision in The 2009 Metropoulos Family Trust v. Franchise Tax Board that nonresident shareholders of an S corporation source gain on the S corporation's...more

Bradley Arant Boult Cummings LLP

Alabama Department of Revenue Proposes Changes to its Corporate Income Tax Apportionment Regulations

Bradley Arant Boult Cummings LLP on

The Alabama Department of Revenue (ADOR) recently proposed numerous changes to its apportionment rules for corporate income taxpayers, with the stated intention of adopting “recommended amendments to the [Multistate Tax...more

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