State of Wayfair: More States Widening Corporate Income Tax Pool

At least six states and the City of Brotherly Love have broadened their corporate income tax systems to include standards based on the level of economic activity a company has in their locales—and local governments are just getting started.

“I think we are seeing an increasing trend here and more states jumping on board,” said Richard Cram, director of the Multistate Tax Commission’s National Nexus Program.

Speaking during a Vanderbilt University Law School state and local tax forum, Cram pointed to a rush of taxing jurisdictions weaving features from the Wayfair ruling into their corporate income tax systems in the ...