Three-factor Apportionment Formula
Three-factor Apportionment Formula means:
a formula used by most United States (U.S.) states to apportion total federal business income for out-of-state entities in order to determine the tax due a particular Estate .The three-factor apportionment formula equally weights the payroll factor, property factor, and sales factor.
See Payroll Tax in the U.S. Legal Encyclopedia and Payroll Tax in the World Legal Encyclopedia.
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