This is the third installment of a series that takes an inside look at the corporate tax reform proposals in Governor Andrew Cuomo's 2014–15 New York Budget Bill. This proposed reform is sweeping and, if enacted, is likely to result in major changes for many New York corporate taxpayers. This installment of Inside the New York Budget Bill examines proposed changes to apportionment, discussing how the proposals vary from current law and how they will affect New York taxpayers. The next installment will explore proposed changes to New York's traditional nexus standards.
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