Section 25134

Rev. & Tax. Code § 25134, under Uniform Division of Income for Tax Purposes Act.

Rev. & Tax. Code § 25134

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.

(Amended by Stats. 2000, Ch. 862, Sec. 225. Effective January 1, 2001.)