How to Be Reasonable When Reasonably Approximating the Market: Part II

One of the hottest trends in the U.S. state and local tax world continues to be the adoption and implementation of market-based sourcing regimes by states seeking to source taxpayers’ sales of services and intangibles (that is, sales of other than tangible personal property) based on the location of the market for those sales for income tax, and frequently gross receipts tax, purposes. To read more, click here.