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The apportionment formula calculates the percentage of the property, payroll and sales of the unitary business, which are attributable to California. The total business income of the unitary business is multiplied by this percentage to derive the amount of business income apportioned to this state.

Under the rule of apportionment, Congress sets the total amount to be raised by a direct tax, then divides that amount among the states ing to each state's population.

Wisconsin corporations may be liable for a franchise tax or an income tax for the privilege of doing business in the state. The good news is that only one of these taxes is imposed on a corporation in a taxable year. The franchise tax and income tax are nearly identical. For example, the tax rate for both is 7.9%.

Under Public Law 86-272, a state may not impose its franchise or income tax on a business selling tangible personal property, if the only activity of that business is the solicitation of orders by its salesperson or representative which orders are sent outside the state for approval or rejection, and are filled by ...

To officially apply for an LLC in Wisconsin, you'll need to file Articles of Organization with the Wisconsin Department of Financial Institutions. Afterward, you can think about creating an operating agreement and applying for an Employer Identification Number (EIN). Lastly, you'll file your BOI report.

In general, a corporation determines state cor- porate income/franchise tax liability by compu- ting gross or total income, subtracting deduc- tions, apportioning the net income to the state (if necessary), adjusting for nonapportionable in- come and net operating losses (if applicable), ap- plying the 7.9% state tax ...

The apportionment ratio is determined by adding three fractions (referred to as the three factors of the formula)--the corporation's property in Wisconsin divided by its total property, the corporation's payroll in Wisconsin divided by its total payroll and the corporation's sales in Wisconsin divided by its total ...

File your Wisconsin LLC's Annual Report on the last day of the quarter the LLC was approved. You need to file it with the state every year.

You can be your own registered agent in Wisconsin, but appointing yourself means your name and address will enter the public record, so you'd have less privacy. You can perform a business search on the Department of Financial Institutions website.