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![handle is hein.gao/gaobacuuk0001 and id is 1 raw text is:
Speech by William J. Anderson
Director, General Government Division
before the
Tax Executives Institute
31st Annual Mid-Year Conference D
March 17, 1981
ISSUES AFFECTING STATE TAXATION
OF RLTIJURISDICTIONAL CORPORATE INCOME]
Good afternoon, ladies and gentlemen. I appreciate this
opportunity to appear before you today and tell you a little
about what GAO has been up to in an area of much interest and
concern to the membership of the Tax Executives Institute.
Our involvement in the issue of State taxation of multi-
jurisdictional corporations resulted from a request of the
Ways and Means Committee to do two things..
First, we were asked to undertake a study of the methods
used by States in taxing multijurisdictional, including multi-
national, corporations. And, second, the committee wanted us
to review the application of the Federal tax rules under Code
section 482.
We now have two separate reports, in draft, describing
the results of our work on these matters. They will, naturally,
both be addressed to the Ways and Means Committee which, until
they are made public, will have a proprietary interest in them.
Because of that interest, I will not be able to share with you
the details of our conclusions and recommendations.
But what I can do is lay out our understanding of the
problems associated with State taxation of multijurisdictional
corporations with passing reference to IRS' activities in
enforcing Code section 482--to the extent these activities](ViewImageLocal?handle=hein.gao/gaobacuuk0001&div=1&collection=&method=preview&ext=.png&size=3)