California Revenue and Taxation Code

§ 25134

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 25134 Effective Jan 1, 2001Div. 2 · Part 11 · Ch. 17 · Art. 2

Statute text

View on leginfo.ca.gov

The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the taxable year, and the denominator of which is the total sales of the taxpayer everywhere during the taxable year.

Legislative history

Amended by Stats. 2000, Ch. 862, Sec. 225. Effective January 1, 2001.