Sales factor definition

Sales factor means the sales fraction computed under ss. 71.04 (4m) and (7) or 71.25 (6m) and (9), Stats., and s. Tax 2.39.

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Sales factor means the sales fraction computed under s. 71.04 (7) or 71.25 (9), 2001 Stats., and s. Tax 2.39.

Sales factor means a fraction the numerator of which is the taxpayer’s total sales of electricity, gas, water and steam in this state reported to the public service commission for the tax period and the denominator of which is the taxpayer’s total sales of elec- tricity, gas, water and steam everywhere as reported to the public service commission for the tax period.

Examples of Sales factor in a sentence

• Total gas entering the Seller's system during the current bill!ng month excluding gas sold under D above times the annual Sales factor Which will be determined by dividing total annual sales recorded in Accounts 480 through 483 plus distribution gas used in electric generation by the total annual gas entering the Seller's system.

• Jurisdiction Tax Type Generation Maine (unitary filing) Income Years 1998 Generation Michigan (consolidated filing) SBT 1998 Issue Sales factor treatment of sale of power purchase agreement.

• Total Company Sales performance for 1998 (Sales factor) --------------------------------------------------------------------- b.

• Total Company Sales performance for 1997 (Sales factor) ------------------------------------------------------------------- b.

More Definitions of Sales factor

Sales factor means a fraction the numerator of which is the electric cooperative’s total sales of electricity in this state, not including sales to out−of−state purchasers that are delivered to transmission facilities in this state, for the tax period and the denominator of which is the electric cooperative’s total sales of electricity for the tax period.

Sales factor means a fraction the numerator of which is the electric cooperative’s total sales of electricity in this state, not including sales to out−of−state purchasers that are delivered to

Sales factor means, as defined in 220.15(5), Florida Statutes, a fraction the numerator of which is the total sales of the taxpayer in this state during the taxable year or period and the denominator of which is the total sales of the taxpayer everywhere during the taxable year or period.

Sales factor means, effective for apportionment purposes for tax years beginning on or after January 1, 2015, the sole factor that must be used by all entities organized as C corporations and subject to tax under the Rhode Island business corporation tax (RIGL Chapter 44-11) – whether or not they are part of a combined group.45 Each unitary business group member must include all receipts – i.e., total receipts or gross receipts – from sales or other sources, without regard to whether the member has nexus in this state. Receipts between members included in a unitary business group must be eliminated in calculating the sales factor. (See Rule xx.) The sales factor may also be referred to as the “receipts factor” or “gross receipts factor.” The denominator of the sales factor shall include the total gross receipts derived by all members of the combined group from transactions and activity in the regular course of trade or business everywhere.