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Texas Supreme Court Denies Three-Factor Apportionment in Graphic Packaging

DALLAS, Dec. 27, 2017 /PRNewswire/ — In its Graphic Packaging Corporation v. Hegar decision1 rendered December 22, 2017, the Texas Supreme Court fell in line with the rejection of the Multistate Tax Commission (MTC) optional three-factor apportionment provisions, citing the California…