A Refreshed Look at Combined Reporting - McDermott Will & Emery

A Refreshed Look at Combined Reporting

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Overview


Arthur Rosen and Alysse McLoughlin wrote this bylined article urging that the unitary business doctrine’s fundamental purpose should be considered by tax authorities applying combined reporting. Such application should be done “only when necessary to properly apportion a corporation’s income, not merely because a certain number of items are mechanically checked off on a list,” the authors wrote.