CCH Tax Day Report
For corporate income tax purposes, the Kansas Department of Revenue has issued a private letter ruling discussing how to end a two-factor apportionment method election prior to the expiration of the 10-year period. The department stated that there are no specific requirements that must be met prior to the Secretary of Revenue considering such a request. Instead, each request is considered based on its facts and circumstances and decisions are made on a case-by-case basis.
Private Letter Ruling No. P-2016-011, Kansas Department of Revenue, August 15, 2016, ¶201-877
Explanations at ¶11-520