Many firms have employees, plants, and sales in more than one state. In imposing state corporation income
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Many firms have employees, plants, and sales in more than one state. In imposing state corporation income taxes, states use a rule for allocating a fraction of a firm's total profi ts to their state. Does it make a difference what rule is used? Discuss the consequences of alternative rules.
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Yes the rule used for allocating a fraction of a firms total profits to a state can have significant consequences for both the state and the firm Diff...View the full answer
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Related Book For
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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