2017 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to market-based sourcing for corporate apportionment; prescribing an effective date.|
Replaces standard using cost of performance with market-sourcing standard for purposes of corporate taxation and determining sales factor for apportionment calculation.
Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|