Like many states, Florida’s corporate income tax regime has special rules applicable to telecommunications companies. The tricky part about taxing the telecommunications industry is how to source receipts earned from...more
Income received by a multistate business is either “business income” or “non-business income.” Although this labeling appears innocuous, the distinction between these two categories of income matters greatly to taxpayers and...more
3/26/2025
/ Apportionment ,
Business Taxes ,
Capital Gains ,
Corporate Taxes ,
Franchises ,
Income Taxes ,
State and Local Government ,
State Taxes ,
Statutory Interpretation ,
Tax Court ,
Tax Liability