MOORMAN MANUFACTURING CO. v. BAIR, DIRECTOR OF REVENUE OF IOWA APPEAL FROM THE SUPREME COURT OF IOWA No. 77-454. Argued March 21, 1978 Decided June 15, 1978 An Iowa statute prescribes a so-called single-factor sales formula for apportioning an interstate corporation’s income for state income tax purposes. Under this formula, the part of income from […]
Articles Tagged: 437 U.S. 267
437 U.S. 267
437 U.S. 267 98 S.Ct. 2340 57 L.Ed.2d 197 MOORMAN MANUFACTURING COMPANY, Appellant,v.G. D. BAIR, etc. No. 77-454. Argued March 21, 1978. Decided June 15, 1978. Rehearing Denied Oct. 2, 1978. See 439 U.S. 885, 99 S.Ct. 233. Syllabus An Iowa statute prescribes a so-called single-factor sales formula for apportioning an interstate corporation’s income for […]