Director

Gain from the sale of stock in a foreign subsidiary owned by a holding company was apportionable business income.

To claim an enterprise zone credit the taxpayer must be the employer.

Tax credit study was not based on sufficient evidence to prove entitlement to an increased research and development credit.

Taxpayer not allowed research and development credit, under A.R.S. 43-1168, where the Taxpayer relies on unsubstantiated estimates of research expenditures from an acquired company in years preceding the acquisition of such company to calculate the credit.

Net operating loss carryforward and continuity of business enterprise; municipal bond interest.

Gain from the sale of stock in a foreign subsidiary owned by a holding company was apportionable business income.

Do gains arising from sales of common stock of a majority -owned overseas subsidiary constitute busness income apportionable to Arizona?

Does the construction of storm water retention areas and sewer systems qualify for credit as pollution control equipment.

Does the construction of storm water retention areas and sewer systems qualify for credit as pollution control equipment.

Arizona consolidated group was required to include in the numerator of the Arizona sales factor a portion of the sales made by a partnership, in which some members of the group had an interest, to another member of the group doing business in Arizona.