Business, 20.07.2021 01:00 34267

Chang Corporation is part of a three-corporation unitary business. The group has a waterâs 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 million 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 Changâs and Elenaâs sales factors in B and Q. Corporation Customerâs Location Sales
Chang B $20,000,000
Q 60,000,000
Elena Q 70,000,000
Saldez Despina 50,000,000

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Chang Corporation is part of a three-corporation unitary business. The group has a waterâs edge elec...

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