A Maryland court ruled that corporate income tax nexus was created through “enterprise dependency” between the taxpayers and affiliated entities. In addition, the court upheld the state’s use of an alternative apportionment formula to determine the taxpayers’ tax liability. No Economic Substance as Separate Business Entities The taxpayers were two corporations that did not have […]
The post “Enterprise Dependency” Used to Establish Nexus with Maryland appeared first on Tax & Accounting Blog.