Simple Explanation of "Single-Sales Factor" and How Nike Escapes Taxes As A Result
Want to know how "single-sales factor apportionment" works? Want to see how it helped Nike escape millions in taxes on its profits each year?
Before we lock in single-sales factor for Nike, shouldn't we first know how much Nike (and other single-sales factor beneficiaries) pays in state corporate income taxes?
This post was originally published on www.blueoregon.com on December 10, 2012. The original post can be found at http://www.blueoregon.com/2012/12/simple-explanation-single-sales-factor-and-nike/.