—Background— Single Sales Factor, also referred to as Single Sales Fraction, changes the way in which New Jersey apportions a share of a corporation’s in-state income from a three-fraction formula to a single sales factor formula. Prior to 2012, New Jersey’s corporation business tax employed a three-fraction formula that apportioned a share of a corporation’s […]
Single Sales Factor (P.L. 2011 c.59)
Jun16,2016
By 