State Taxation of Multinationals: Combined Reporting

by Suellen Wolfe * In many states, related entities with certain intercompany transactions must file a combined tax report to more accurately reflect their unitary business operations. Combined reporting is generally required only where there is a high degree of interdependence among related entities...

Combined Tax Reporting Proposals on 2012 Sate Legislative Agenda

The 2012 state legislative season is shaping up to be another banner year for combined reporting proposals in the various statehouses around the nation. At least eight state legislatures are considering such proposals, 1 but the prospects for enactment vary widely. The following is a brief overview of...