Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the following states: Property State Beginning Ending Maine 935,185 1,006,788 Massachusetts 111,990 215,097 New Hampshire 391,601 292,438 Vermont 885,432 907,576 Total 2,324,208 2,421,899 What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? a. Delicious Dave’s has income tax nexus in each of the states.

Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the following states: Property State Beginning Ending Maine 935,185 1,006,788 Massachusetts 111,990 215,097 New Hampshire 391,601 292,438 Vermont 885,432 907,576 Total 2,324,208 2,421,899 What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? a. Delicious Dave’s has income tax nexus in each of the states.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter24: Multistate Corporate Taxation

Section: Chapter Questions

Problem 37P

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