- Expanding the Water’s Edge: Four Trends to Watch in International Issues in State Taxation
- February 24, 2017 | Author: Eric J. Coffill
- Law Firm: Eversheds Sutherland (US) LLP - Sacramento Office
Traditionally, mandatory worldwide combined reporting was the state corporate tax issue of most concern to companies engaged in international business. States are now moving toward a water’s-edge unitary combination method for both US and foreign-based companies.
In his article for the Spring 2017 edition of Partnering Perspectives, Eversheds Sutherland (US) Senior Counsel Eric Coffill covers four trends towards increasing the tax base of a state by expanding the water’s-edge.