MASSACHUSETTS DEPARTMENT OF REVENUE REGULATION FACT SHEET
TITLE: 830 CMR 63.38.1: Apportionment of Income
SUMMARY OF REGULATION:
830 CMR 63.38.1: Apportionment of Income explains the apportionment rules that are to be used by corporations to determine their Massachusetts income tax liability. The apportionment rules are intended to determine what percentage of a corporation's income is attributable to Massachusetts for purposes of taxation. The regulation explains the three "factors" that determine a corporation's apportionment formula. These three factors pertain to a corporation's in-state property, payroll, and sales.
REASON FOR CHANGE:
To reflect statutory changes enacted by the Legislature in 2004 and 2005 and to otherwise conform the preexisting regulation to the outstanding law.
REGULATORY HISTORY:
Promulgated 8/11/95
New Regulation Promulgated 2/5/99
Amended 3/31/00 by replacing section (13)(e)(3) and adding new section (15)(d).
Amended 12/21/01 by replacing section (9)(b)7.
New Regulation Promulgated 10/20/06
PREPARED BY:
Massachusetts Department of Revenue
Rulings and Regulations Bureau
100 Cambridge Street, 7 th floor
Boston, Massachusetts 02114
(617) 626-3250
FAX: (617) 626-3290