This Comment examines the constitutionality of the unitary method of taxation as it is applied to corporations with foreign parents. The author argues that many state governments have found themselves lacking necessary funds, and that in an attempt to replenish their depleted budgets, several states have adopted the unitary method for taxing corporations. The author discusses the constitutionality of preemptive federal legislation barring the unitary method and proposes a solution for striking the delicate balance between states' rights and the need for strong foreign trade.
Douglas M. Ventura,
State Unitary Business Taxation: Are Multinational Corporations Being Subjected to an Unconstitutional Tax,
San Diego L. Rev.
Available at: https://digital.sandiego.edu/sdlr/vol21/iss4/6