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California Revenue And Taxation Code — Other Taxes — Allocation Of Income — Uniform Division Of Income For Tax Purposes Act — Sales factor

15 Sep 2016

Current through the 2016 Legislative Session

The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the taxable year, and the denominator of which is the total sales of the taxpayer everywhere during the taxable year.

Ca. Rev. and Tax. Code § 25134
Amended by Stats 2000 ch 862 (AB 1843), s 225, eff. 1/1/01.