The U.S. Supreme Court has been asked to review a Minnesota Supreme Court decision holding that taxpayers were not permitted to use the Multistate Tax Compact’s three-factor apportionment formula to calculate their corporate franchise tax, because the state legislature’s enactment of the Compact in 1983 did not create a contractual obligation that prohibited the Minnesota […]
The post Minnesota ~ Corporate Income Tax: U.S. Supreme Court Asked to Review Decision on Tax Compact Apportionment Formula appeared first on Tax & Accounting Blog.