• MTC's Annual Meeting Update: Financial Institution Apportionment; Sales Tax Model Nexus Statute
  • July 25, 2013
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • 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.