42.26.243    DENOMINATOR OF PAYROLL FACTOR

(1) The denominator of the payroll factor is the total compensation paid everywhere during the tax period.   Accordingly, the compensation paid to employees whose services are performed entirely in State C where the taxpayer is immune from taxation for example, by Public Law 86-272, are included in the denominator of the payroll factor.

History: 15-1-201, 15-31-313, and 15-31-501, MCA; IMP, 15-1-601, 15-31-305, 15-31-308, and 15-31-309, MCA; NEW, Eff. 1/2/77; AMD, 1979 MAR p. 1691, Eff. 12/28/79; AMD, 2001 MAR p. 2469, Eff. 12/21/01.