Illinois addresses combined apportionment for unitary groups with members that apportion their income differently. In proposed rules, the Department of Revenue addresses 2017 legislation that permits unitary groups to include members that use different apportionment formulas. Industry Specific Apportionment Rules Still Used The new apportionment formula, in effect as of January 1, 2018, begins with […]
The post Illinois Proposes Regs on Combined Reporting for Unitary Groups appeared first on Tax & Accounting Blog.