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Commentary

Allocation of sales to a state – place of supply/sourcing of revenues (United States)

56 United States

Whenever a transaction between two parties occurs, it is necessary to determine where the sale is deemed to take place. In technical terms this is called 'sourcing of revenues'.

The sourcing of revenues must be performed for both intrastate and interstate transactions. At an intrastate level (ie within a single state), the sourcing determines which local tax authority

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