ELIMINATE DOUBLE-WEIGHTED SALES APPORTIONMENT.

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2011-2012 Session

Senate Bill 752 (Public) Filed Tuesday, April 19, 2011

TO MODIFY THE APPORTIONMENT FORMULA FOR INCOME TAX BY ELIMINATING THE DOUBLE WEIGHTING OF THE SALES FACTOR.

Intro. by Mansfield.

Status: Ref To Com On Finance (Senate Action) (Apr 20 2011)

Bill History:

Tue, 19 Apr 2011 Senate: Filed
Wed, 20 Apr 2011 Senate: Passed 1st Reading
Wed, 20 Apr 2011 Senate: Ref To Com On Finance

S 752

Bill Summaries:

Bill S 752 (2011-2012)

Summary date: Apr 20 2011 - View Summary

Amends GS 105-130.4(i) as the title indicates. Effective for taxable years beginning on or after January 1, 2011.

Tax

GS 105

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