State tax apportionment

Apportionment divides business income subject to state corporate income or other business taxes to jurisdictions based on formulas to determine taxes due in each state. Incorrect apportionment can result in incorrect payments and state tax audits.

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Maria Murphy

by Maria Murphy

Maria L. Murphy is a CPA and freelance writer. She is a writer and editor for Thomson Reuters Checkpoint and a freque...

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Updated on: November 20, 2023 · 3 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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