Questions from Individual Taxation

Q: Compare and contrast the relative importance of judicial law to state and

Compare and contrast the relative importance of judicial law to state and local and federal tax law.

Q: Describe briefly the nexus concept and explain its importance to state and

Describe briefly the nexus concept and explain its importance to state and local taxation.

Q: What is the difference, if any, between the state of

What is the difference, if any, between the state of a business’s commercial domicile and its state of incorporation?

Q: Rockville Enterprises manufactures woodworking equipment and is incorporated and based in Evansville

Rockville Enterprises manufactures woodworking equipment and is incorporated and based in Evansville, Indiana. Its real property is all in Indiana. Rockville employs a large sales force that travels t...

Q: Software Incorporated is a sales and use tax software vendor that provides

Software Incorporated is a sales and use tax software vendor that provides customers with a license to download and use its software on their machines. Software retains ownership of the software. It h...

Q: Peter Inc., a Kentucky corporation, owns 100 percent of Suvi

Peter Inc., a Kentucky corporation, owns 100 percent of Suvi Inc., a Mississippi corporation. Peter and Suvi file a consolidated federal tax return. Peter has income tax nexus in Kentucky and South Ca...

Q: What types of property sales are subject to a sales tax and

What types of property sales are subject to a sales tax and why might a state choose to exclude the sales of certain types of property?

Q: Use California Publication 1061 (2013) to determine the various tests

Use California Publication 1061 (2013) to determine the various tests California uses to determine whether two or more entities are part of a unitary group.

Q: Bulldog Incorporated is a Georgia corporation. It properly included, deducted

Bulldog Incorporated is a Georgia corporation. It properly included, deducted, or excluded the following items on its federal tax return in the current year: Use Georgia’s Corporate...

Q: Herger Corporation does business in California, Nevada, and Oregon and

Herger Corporation does business in California, Nevada, and Oregon and has nexus in these states as well. Herger’s California state tax base was $921,023 after making the required federal/state adjust...