Massachusetts Enacts Single-Sales Apportionment Among Other Tax Provisions
Withum
OCTOBER 9, 2023
On October 4, 2023, Massachusetts enacted tax legislation (H.4104), 4104), which will dramatically affect how businesses calculate their Massachusetts income. Historically, most businesses in Massachusetts apportioned income using a three-factor apportionment formula comprising of property, payroll, and double-weighted sales.
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