The fairness of any apportionment formula is first tested by assuming the use of the same formula in all taxing jurisdictions. The assessor contends that if all jurisdictions, including F, applied the Maine formula and imposed an identical tax on the same tax base, the test is satisfied. In 1984, Tambrands produced feminine protection products at its facility in Auburn, and distributed its products for sale throughout Maine. It was noted for having a mostly, almost exclusively, female workforce for much of its history. We need go no further than holding that the formula is internally consistent.
Tampax was also the third highest selling health-and-beauty-care brand in the United States behind Tylenol and Crest, according to a company report. Under such circumstances, none of the apportionable income, namely, the two hundred and fifty dollars included in federal taxable income, would be apportioned to F. Hellerstein, Dividing the State Corporate Income Tax Base: Developments in the Supreme Court and Congress, appearing in The State Corporation Income Tax 293 C. Tambrands is a Delaware corporation, with its headquarters and commercial domicile in New York. Russell Sprague, chief executive since 1976. The apportionment ratio is then multiplied by the corporation's apportionable business income to determine the net income of the business that can be said to be attributable to activities in Maine, and thus taxable by the State of Maine.
Commissioner of Taxes, , 436-37, 100 S. During the 1960s and early 1970s Tampax became one of the most profitable companies on the stock market. Tambrands' joint venture with the former Soviet Union was called Femtech. The State Tax Assessor argues that Tambrands has impermissibly changed the tax base by including all of the income of F. It is the exclusion from the apportionment formula of certain factors relating to the Foreign Affiliates that generates the constitutional issue presented in this case.
Other competitors entered the market, including Playtex tampons, which came in plastic applicators and, a few years later, in a deodorized version. Emmett's restructuring seemed to pay off: in 1992 sales rose. South Carolina Tax Comm'n, , 673-74 S. Both the brand and the product were invented by Dr. Contact for more hiring information: 207 753-4000 2.
State Tax Assessor, , 1366-67 Me. A state is given wide latitude in selecting and applying apportionment formulas. Tampax refused to advertise on television until 1978. Archived from on August 29, 2011. After the breakup of the Soviet Union, dealing with local partners was still complicated and often frustrating. Their earnings for the year were tied to the company's success.
The education program remained an important aspect of Tambrands's marketing strategy into the 1990s. In 1992 Tambrands sold its Maxithins business to Tranzonic Companies for an undisclosed amount. Get a list of common interview questions to prepare and practice for: Chances are that you will be asked at least some of these questions. The market there was vast and untapped, and it was estimated that demand would be as high as nine billion units annually for 70 million of the 150 million Soviet women. Rely tampons took 17 percent of the market and shot to number three. Furthermore, that part of the Foreign Affiliates' business income paid out as dividends to Tambrands, already fully subject to taxation by the foreign country, would be fully subject to taxation by federal and state jurisdictions in the United States because there is no commensurate inclusion of the Foreign Affiliates' property, payroll and sales in the denominators of the apportionment formula to proportionally reduce the income subject to taxation by United States jurisdictions. Tambrands continued to dominate the tampon market in the 1990s, devoting resources to education and developing and maintaining brand loyalty.
It is important to note that this is a foreign filing. The application of the test in the formula apportionment context has not been fully developed by the Supreme Court. Practice before going to the Tambrands Inc interview: Don't just think about your interview; Practice it! Tambrands estimated that China's population of women of child-bearing age was 335 million, representing a promising market for Tampax tampons. In a joint venture with Spain, the company produced sanitary pads, disposable diapers, and other personal care products, as well as tampons. Hellerstein, State Taxation 557-58 n.
Tambrands' market share in the United States was consistently around the 60 percent mark for many years. In order to do business, however, Tambrands and other U. Because the apportionment formula employed by the Assessor is constitutionally defective, Tambrands urges us to remand to the Assessor and order that Tambrands' tax be apportioned under the Detroit formula. Application Apply in Store 1. In turn, multiplying Tambrands' apportionable unitary business income by a higher apportionment ratio results in a greater percentage of that income that is attributed to and taxed by Maine.