MASSACHUSETTS DEPARTMENT OF REVENUE REGULATION FACT SHEET
TITLE: 830 CMR 63.39.1: Corporate Nexus
830 CMR 63.39.1: Reg Fact Sheet
Table of Contents
Regulation Promulgated 01/01/1993; Amended 1/2/15
SUMMARY OF REGULATION
This regulation provides rules for determining when a foreign corporation is subject to the excise under G.L. c. 63, § 39.
830 CMR 63.39.1(2) and (8) were amended to reflect technical changes and to incorporate updates intended to make the regulation consistent with changes made simultaneously to the Apportionment of Income regulation, 830 CMR 63.38.1.
SMALL BUSINESS IMPACT REVIEW REQUIRED BY St. 2010, c. 240, § 167
The regulation has been reviewed for its economic impact on small businesses as required by St. 2010, c. 240, § 167. The following criteria have been considered: (1) the continuing need for this regulation; (2) the nature of complaints and comments about this regulation received by the Department from the public; (3) the complexity of the regulation; (4) the extent to which this regulation overlaps, duplicates, or conflicts with other federal, state and local government regulations; (5) the length of time since the regulation was enacted and/or amended; and (6) the degree to which technology, economic conditions or other factors have changed the subject areas affected by this regulation. This review recommended that this regulation be amended.
Massachusetts Department of Revenue
Rulings and Regulations Bureau
100 Cambridge Street, 7th floor
Boston, Massachusetts 02114
FAX: (617) 626-3290