Question 1

The model law relating to the assignment of income among the states for corporations is:

Accepted Answer

A)   Public Law 86-272.
B)   The Multistate Tax Treaty.
C)   The Multistate Tax Commission (MT
C)  .
D)   The Uniform Division of Income for Tax Purposes Act (UDITP
A)  .E) None of the above
F) A) and D)

Question 2

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation
-Making a decision as to the creditworthiness of customers.

Accepted Answer

A)  More than solicitation, creates nexus
B)  Solicitation only, no nexus createdC) A) and B)
D) undefined

Question 3

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation
-Training administrative personnel to use an update to ordering software.

Accepted Answer

A)  More than solicitation, creates nexus
B)  Solicitation only, no nexus createdC) A) and B)
D) undefined

Exam 16: Multistate Corporate Taxation

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation -Making a decision as to the creditworthiness of customers.

Correct Answer
verified

The model law relating to the assignment of income among the states for corporations is:

Correct Answer
verified

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation -Training administrative personnel to use an update to ordering software.

Correct Answer
verified

Exam 16: Multistate Corporate Taxation

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation -Making a decision as to the creditworthiness of customers.

Correct AnswerverifiedShow Answer

The model law relating to the assignment of income among the states for corporations is:

Correct AnswerverifiedShow Answer

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation -Training administrative personnel to use an update to ordering software.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified