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DOR Releases Guidance on Market-Based Sourcing
Posted by Tarra Curran on Tue, Apr 15, 2014 @ 05:42 PM

In July 2013 Massachusetts lawmakers voted to switch the rules for sourcing sales of services in its income apportionment formula, moving from a statutory “cost of performance” method to a “market-sourcing” approach. The Massachusetts Department of Revenue (DOR) predicts that the new law will generate up to $37 million annually. In addition to increasing revenue, the new rules are intended – at least in part – to eliminate the many disputes between DOR and taxpayers regarding interpretation of the old cost of performance rules. 

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Topics: Tarra Curran, Market-Based Sourcing in Massachusetts, Market-Based Sourcing, The Massachusetts Department of Revenue, DOR

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