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MTC's Annual Meeting Update: Financial Institution Apportionment; Sales Tax Model Nexus Statute

by Sutherland Asbill Brennan LLP - Washington Office

July 25, 2013

Previously published on July 23, 2013

During the Multistate Tax Commission’s (MTC) Annual Conference and Committee Meetings in San Diego on July 22, 2013, the Income and Franchise Tax Uniformity Subcommittee (I/F Subcommittee) discussed its effort to redesign the financial institution apportionment rules. In addition, the Sales and Use Tax Uniformity Subcommittee (S/U Subcommittee) will move forward in drafting a model nexus statute.


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