Required information [The following information applies to the questions displayed below.] Delicious Dave's Maple Syrup, a Vermont Corporation, has property in the following states: Maine State Massachusetts New Hampshire Vermont Total Property Beginning $ 979,746 143,813 $ 426,867 $ 930,532 $ 2,480,958 Ending $ 1,052,867 $ 259,053 $ 326,967 $ 964,776 $ 2,603,663 What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? Note: Round intermediate calculations and final answers to 2 decimal places. a. Delicious Dave's has income tax nexus in each of the states. Property Apportionment Maine Massachusetts New Hampshire Vermont Factors % % % %
Required information [The following information applies to the questions displayed below.] Delicious Dave's Maple Syrup, a Vermont Corporation, has property in the following states: Maine State Massachusetts New Hampshire Vermont Total Property Beginning $ 979,746 143,813 $ 426,867 $ 930,532 $ 2,480,958 Ending $ 1,052,867 $ 259,053 $ 326,967 $ 964,776 $ 2,603,663 What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? Note: Round intermediate calculations and final answers to 2 decimal places. a. Delicious Dave's has income tax nexus in each of the states. Property Apportionment Maine Massachusetts New Hampshire Vermont Factors % % % %
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 21CE
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![Required information
[The following information applies to the questions displayed below.]
Delicious Dave's Maple Syrup, a Vermont Corporation, has property in the following states:
Maine
State
Massachusetts
New Hampshire
Vermont
Total
Property
Beginning
$ 979,746
143,813
$ 426,867
$ 930,532
$ 2,480,958
Ending
$ 1,052,867
$ 259,053
$ 326,967
$ 964,776
$ 2,603,663
What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the
following alternative scenarios?
Note: Round intermediate calculations and final answers to 2 decimal places.
a. Delicious Dave's has income tax nexus in each of the states.
Property Apportionment
Maine
Massachusetts
New Hampshire
Vermont
Factors
%
%
%
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce369fff-0891-4a4e-a48f-5d0269806056%2Fb8bf5925-dbe1-4074-b60d-1d8d5a209f9f%2Fhagssz_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Delicious Dave's Maple Syrup, a Vermont Corporation, has property in the following states:
Maine
State
Massachusetts
New Hampshire
Vermont
Total
Property
Beginning
$ 979,746
143,813
$ 426,867
$ 930,532
$ 2,480,958
Ending
$ 1,052,867
$ 259,053
$ 326,967
$ 964,776
$ 2,603,663
What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the
following alternative scenarios?
Note: Round intermediate calculations and final answers to 2 decimal places.
a. Delicious Dave's has income tax nexus in each of the states.
Property Apportionment
Maine
Massachusetts
New Hampshire
Vermont
Factors
%
%
%
%
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