The Multistate Tax Guide to Financial Institutions (the aGuidea) was developed to provide a quick reference to assist tax professionals in finding answers to various financial institution-specific income and franchise tax questions for all 50 states and the District of Columbia. The Guide is meant to be just that, a guide. It is not meant as a substitute for original research; it is not meant to be authoritative; nor is it intended to provide atax advicea; and it cannot be relied on as a basis to avoid the imposition of penalties.aquot;[A]ctive operational controlaquot; of the investment income payor by the taxpayer is certainly not required, ASARCO Inc. v. Idaho State Tax Comma#39;n, 458 U.S. 307, 343 (1982) (dissenting opinion). Insofar as a requirement that the investment payoranbsp;...
|Title||:||Multistate Tax Guide to Financial Institutions|
|Author||:||B. D. Copping, Gary Fox|
|Publisher||:||CCH - 2008|