(2007) Combined Reporting: An Option for Apportioning Iowa Corporate Income Tax, March 2007. Revenue, Department of
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IDRCombinedReportingCorpTax.pdf File Size:209kB |
Abstract
Iowa taxes income of corporations who do business in Iowa. If these firms also do business in other states, only the share of business done in Iowa is taxed. However, these firms may have affiliates that do no business in Iowa, and intra-company transactions may reduce Iowa-share income. One alternative to the present method of determining Iowa share, called combined reporting, assesses the Iowa share of all affiliated firms’ income.
| Item Type: | Departmental Report |
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| Keywords: | Iowa, individual, income, tax, annual report |
| Subjects: | Government finance and taxes Government finance and taxes > Government revenues > Taxes Government finance and taxes > Government revenues > Taxes > Income taxes |
| ID Code: | 42628 |
| Deposited By: | Margaret Barr |
| Deposited On: | 19 Jan 2023 19:31 |
| Last Modified: | 19 Jan 2023 19:31 |
| URI: | https://publications.iowa.gov/id/eprint/42628 |