Chang Corporation is part of a three-corporation unitary business. The group has a water’s edge election in effect with respect to unitary State Q. State B does not apply the unitary concept with respect to its corporate income tax laws. Nor does Despina, a European country to which Saldez paid a $7,000,000 value added tax this year. Saldez was organized in Despina and conducts all of its business there. Given the summary of operations that follows, determine Chang’s and Elena’s sales factors in States B and Q.

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Which of the following corporations would not be considered resident in Canada for tax purposes?1)Axem Inc. was incorporated in Manitoba on April 5, 1965 and has carried on business in Canada sincethat date. 2)Linco Ltd. was incorporated in Ontario on April 4, 1985 and, until the end of 1999,all of the operations and board of directors meetings were held in the southern United States. In 2000,all of the management and operations of the Company moved to Toronto. 3)Norad Inc. was incorporated in New York state on March 1, 1985 and, until the end of 1993, carried on business in Canada. At that time, all of the management and operations of the Company moved to the southern United States. 4)Rio Amgal Inc. was incorporated in Manitoba on September 3, 2010. While the Company hasoperations in both Canada and the U.S., the directors live in Calgary. As a consequence, all director’smeetings are held in that city. 5)In all cases the corporations would be considered residents of Canada.

Sharon Incorporated is headquartered in State X and owns 100 percent of Carol Corporation, Josey Corporation, and Janice Corporation, which form a single unitary group. Assume sales operations are within the solicitation bounds of Public Law 86-272. Each of the corporations has operations in the following states: Domicile State Dividend income Business income Sales: State X Sales: State Y Sales: State Z Sales: State A Sales: State B Property: State X Property: State Y Property: State Z Property: State A Payroll: State X Payroll: State Y Payroll: State Z Payroll: State A Sharon Carol Josey Incorporated Corporation Corporation State X State Y State Z (throwback) (throwback) (nonthrowback) $ 1,490 $ 525 $ 580 46,250 15,500 59,750 20,300 60,500 75,200 21,900 15,900 60,000 65,000 12,300 28,400 93,500 15,500 55,750 13,400 12,500 7,850 28,000 43,500 3, 150 Janice Corporation State Z (nonthrowback) $ 485 15,700 18,600 12,500 11,700 14, 200 25,500 11,100 10, 200 Compute the following for State…