Author Question: Apportionment is: a. the dividing of a federal tax among businesses b. the dividing of a state tax ... (Read 145 times)

fagboi · **on:** Jun 24, 2018

Apportionment is:
a. the dividing of a federal tax among businesses b. the dividing of a state tax among businesses
c. a process of dividing a company's income into an in-state and an out-of-state portion d. a process of dividing a company's income into profit and loss
e. none of the other choices are correct

Question 2

For a state to tax a business, the state must have:
a. rules for apportioning a company's income
b. rules for determining how much of a company's income is profit
c. rules for determining which employees made the majority of the income d. rules for determining the costs of operations in other states
e. none of the other choices are correct