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| | Significant unitary developments in California may provide refund opportunities. (unitary tax)(State and Local ... |
 | | The Appeal of Sierra Production Service, Inc. (State Board of Equalization, September 12, 1990), followed Mole-Richardson in supporting the California regulations, holding that functional integration is not a new test, but is merely a descriptive term covering the basic elements of a unitary business, including strong centralized management and meaningful centralized services. |
 | | In fact, the State Board of Equalization criticized the Franchise Tax Board for failing to apply its own regulations, i.e., when strong centralized management is present, the diverse activities of a taxpayer are presumed to be unitary. |
 | | Breaking a unitary relationship is generally more difficult, especially if a substantial flow of value exists between the members of the corporate group. |
| www.nysscpa.org /cpajournal/old/11287212.htm (1082 words) |
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