Texas Comptroller denies use of MTC apportionment election

myStateTaxOffice

Just days before the California Court of Appeals issued its decision in Gillette, the Texas Comptroller of Public Accounts denied a taxpayer's election to apportion its Texas margin tax using the equally-weighted three factor formula available in the Multistate Tax Compact. The Comptroller held that the election was not available under Texas law. [Comptroller's Decision Nos. 106, 508; 106,723; and 107, 192, decided 7/13/12, released 9/12/12].



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