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State Online Services For Individuals and Families For Businesses For Local Officials For Tax Professionals Home Businesses Help & Resources Legal Library Letter Rulings Letter Rulings - By Year(s) 2010 Rulings Letter Ruling 10-6: Application of 830 CMR 63.32B.2(8)(f), Limitation on Use of Precombination NOL SEARCH Select area to search Selectanan area to search Search Search October 4, 2010 You have requested a ruling on behalf of ***************************** ( Compan.

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“Massachusetts source income” includes income derived from (i) a trade, business or employment carried on in Massachusetts, (ii) lottery or wagering transactions in Massachusetts, (iii) the ownership of an interest in real or tangible personal property in Massachusetts, and (iv) patents, copyrights or similar ...

What is the standard Massachusetts apportionment formula? Corporations that have taxable income from business activity both in and outside Massachusetts must assign income to Massachusetts using a three-factor apportionment formula consisting of a property factor, a payroll factor, and a double weighted sales factor.

If a corporation is engaged in a unitary business with one or more corporations and any member of the unitary group has taxable nexus in Massachusetts, the income measure of the corporate excise tax for the group must be determined by filing a combined report, regardless of whether or not the corporations file a ...

A corporation, regardless of its place of incorporation or formation, is required to file a combined report when it is subject to tax under M.G.L. c. 63, § 2, 2B, 32D, 39 or 52A and is engaged in a unitary business with one or more corporations that are required to be included in the combined report.

Principal Reporting Corporation, the taxable member of a combined group that reports the income of the combined group and otherwise acts as the agent of the members of the group, as further described at 830 CMR 63.32B. 2(11). Taxable Member, a member of a combined group that is subject to tax on its income under M.G.L.

Everyone whose Massachusetts gross income is $8,000 or more must file a Massachusetts personal income tax return on or by April 15th following the end of every tax year. If the due date falls on a Saturday, Sunday, or legal holiday, the due date is the next business day.

830 CMR 63.38. 1: Apportionment of Income explains the apportionment rules that are to be used by corporations to determine their Massachusetts income tax liability. The apportionment rules are intended to determine what percentage of a corporation's income is attributable to Massachusetts for purposes of taxation.

A corporation that is subject to the tax jurisdiction of Massachusetts is generally required to file returns with DOR.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232