Texas Combined Reporting

Combined reporting is a single, comprehensive solution that eliminates all potential tax advantages that can be derived from moving corporate income between states. Worldwide Combined Reporting: Staying Ahead of the Curve. Even most states that require combined reporting could improve it further by adopting "worldwide" combined reporting.

Mcc Program Texas Mortgage Credit Certificate Program Q&A – NCSHA – What is the mortgage credit certificate (mcc) program? The MCC program is a homebuyer assistance program designed to help.

Key Findings A majority of states levying corporate income taxes have now adopted a key reform known as "combined reporting." Combined reporting nullifies a variety of abusive corporate income tax avoidance strategies. These include Wal-Mart’s "captive REIT" tax shelter (featured in a front-page Wall Street Journal story in February 2007) and the "Delaware Trademark Holding

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MARGIN TAX UPDATE Business Law & Corporate Counsel Section Program Speaker: Daniel J. Micciche Akin gump strauss hauer & Feld LLP 1700 Pacific Avenue, Suite 4100 Dallas, Texas 75201-4675 (214) 969-2797 (214) 969-4343 Fax Authors: Steven D. Moore Jackson Walker L.L.P. Austin, Texas William H. Hornberger Jackson Walker L.L.P. Dallas, Texas

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Select State – Texas. Select state Interview Form TX-AFF1 – Combined Report Automated Feature and Common Owner Report.; In Affiliate 1, boxes 30-32, enter the name of the reporting entity. Do not enter the Client ID. In Affiliate 2, boxes 34-79, double-click in Affiliate Name or Client ID. A pick-list including all applicable returns appears.

Texas Comptroller Provides Rules on the Texas Franchise Tax By Adam Chisholm, J.D., Weaver and Tidwell, L.L.P., Fort Worth, TX. Actual forms for reporting the new tax were released on March 31, 2008.. For unitary combined returns, only Texas receipts from members that have nexus with Texas.

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