Cal. Rev. & Tax. Code § 25134

Current through the 2023 Legislative Session.
Section 25134 - Sales factor

The sales factor is a fraction, the numerator of which is the total sales of the taxpayer in this state during the taxable year, and the denominator of which is the total sales of the taxpayer everywhere during the taxable year.

Ca. Rev. and Tax. Code § 25134

Amended by Stats 2000 ch 862 (AB 1843), s 225, eff. 1/1/2001.