Kansas HB2773 amends the apportionment of business income for manufacturers of alcoholic liquor based on whether they are qualifying Kansas investors.
Kansas HB2773 modifies the apportionment of business income for manufacturers of alcoholic liquor. Qualifying Kansas investors, who meet specific investment and wage criteria, will use the single sales factor method. General manufacturers will use the three-factor formula. The bill also details methods for calculating factors like property, payroll, and sales, and specifies conditions for making certain elections. The changes apply to tax years commencing on or after January 1, 2027.
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- Core Provisions
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- Legal Framework
- Critical Issues
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