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

Question

Quizplus · Accepted Answer

According to the UDITPA, the payroll factor denominator is the total compensation paid in this state. Only the salaries and wages paid to employees in this state should be considered. Therefore, from the transactions mentioned, only wages of $600,000 paid to employees located in State D should be included in the denominator of the payroll factor. Hence, the correct choice is D.

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