Excerpt from The Chairman's Report on the Worldwide Unitary Taxation Working Group: Activities, Issues, and Recommendations, July, 1884

State governments in the United States have traditionally used formula apportionment to determine an individual state's share of the taxable income of a single corporation that operates a unitary business across state or national borders. Under this approach, a portion of the income of the corporation is attrib uted or apportioned to the taxing state on the basis of rela tive levels of business activity. If, for example, 10 percent of the corporation's total business activities (generally measured by payroll, property, and sales) occur in a particular state.

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