Tax Law

A Pinch of SALT: Implications of the MTC’s Market-Based Sourcing Model Regulations

It is more complicated to determine an in-state sale regarding the provision of multistate services or licenses of intangibles. Historically, states looked to a taxpayer’s costs of performing the service or licensing the intangible. Some states have become critical of this cost-of performance method and replaced it with a market-based method of computing in-state sales.... Continue Reading…