42.26.243    DENOMINATOR OF PAYROLL FACTOR

(1) The denominator of the payroll factor is the total compensation paid everywhere during the tax period. � Accordingly, the compensation paid to employees whose services are performed entirely in State C where the taxpayer is immune from taxation for example, by Public Law 86-272, are included in the denominator of the payroll factor.

History: 15-1-201, 15-31-313, and 15-31-501, MCA; IMP, 15-1-601, 15-31-305, 15-31-308, and 15-31-309, MCA; NEW, Eff. 1/2/77; AMD, 1979 MAR p. 1691, Eff. 12/28/79; AMD, 2001 MAR p. 2469, Eff. 12/21/01.