Examples of Unitary business in a sentence
Unitary business" means a business activity that is characterized by unity of ownership, functional integration, centralization of management and economies of scale.[PL 1999, c.
Z Combined Unitary business income (loss) subject to apportionment 50,000 80,000 (5,000) 125,000 Apportionment percentages 6% 4% 4% 14% Income apportioned to D.C. (Combined income x apportionment %) 7,500 5,000 5,000 17,500 Non-business items wholly attributable to D.C. 2,500 (10,000) 0 D.C. net income (loss) 10,000 (5,000) 5,000 Application of NOL carryforward from Year 1 0 0 (5,000) D.C. net income (loss) 10,000 (5,000) 0 NOL available to be carried forward (100% of loss) 0 (5,000) 0 Corp.
Unitary business groups will no longer exclude members who are ordinarily required toapportion business income under different subsections of Section304.
Z Combined Unitary business income (loss) subject to apportionment (400,000) (10,000) 60,000 (350,000) Apportionment percentages 5% 1% 3% 9% Loss apportioned to D.C. (combined loss x apportionment %) (17,500) (3,500) (10,500) (31,500) Nonbusiness items wholly attributable to D.C. 50,000 (2,500) 0 D.C. net income (loss) 32,500 (6,000) (10,500) NOL available to be carried forward (100% of loss) 0 (6,000) (10,500) YEAR 2: Corp.
Regulation section 6-2.3 is repealed and a new section 6-2.3 is added to read as follows:151Section 6-2.3 Unitary business requirement.