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California OTA Decides in Favor of Microsoft on income tax apportionment matter

apportionment

In The Matter of the Appeal of Microsoft Corporation and Subsidiaries, OTA Case No. 21037336, the Office of Tax Appeals (“OTA”) decided that the taxpayer, Microsoft Corporation, was correct to include the entirety of its gross receipts from repatriated dividends in the denominator of its sales factor used for apportionment, regardless of the fact that…

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apportionment
Articles Business Services
California OTA Decides in Favor of Microsoft on income tax apportionment matter
March 12, 2024

In The Matter of the Appeal of Microsoft Corporation and Subsidiaries, OTA Case No. 21037336, the Office of Tax Appeals (“OTA”) decided that the taxpayer, Microsoft Corporation, was correct to include the entirety of its gross receipts from repatriated dividends in the denominator of its sales factor used for apportionment, regardless of the fact that…

Read More