Alaska legislation will require public utilities to apportion their income in accordance with the Multistate Tax Compact. Three-Factor Apportionment Effective January 1, 2019, public utilities operating in Alaska must allocate and apportion their income based on the three-factor apportionment method. The three-factor apportionment method includes property, payroll, and sales. H.B. 398, Laws 2018, effective as […]
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