Given the following transactions for the year, determine Comp Corporation's D payroll factor denominator. State D
Has adopted the principles of UDITPA.

Compensation of sales force $ 600,000
Compensation paid to independent contractors 300,000
Compensation paid to managers of nonbusiness rental property 100,000
Total compensation $1,000,000

Question

Given the following transactions for the year, determine Comp Corporation's D payroll factor denominator. State D
Has adopted the principles of UDITPA.

Compensation of sales force	$   600,000
Compensation paid to independent contractors	300,000
Compensation paid to managers of nonbusiness rental property	     100,000
Total compensation	$1,000,000

Quizplus · Accepted Answer

The payroll factor denominator for Comp Corporation is the total compensation paid to its employees during the year. Therefore, it would exclude compensation paid to independent contractors and managers of nonbusiness rental property, leaving a total of $600,000 as the denominator.

Given the Following Transactions for the Year, Determine Comp Corporation's