Question

Delicious Dave’s Maple Syrup, a Vermont corporation, has property in the following states:

Property
State	Beginning			Ending
Maine	$	971,644		$	1,044,489
Massachusetts	$	138,027		$	251,061
New Hampshire	$	420,455		$	320,689
Vermont	$	922,332		$	954,376
Total	$	2,452,458		$	2,570,615

What are the property apportionment factors for Maine, Massachusetts, New Hampshire, and Vermont in each of the following alternative scenarios? (Round your answers to 2 decimal places.)

A. Delicious Dave’s has nexus in each of the states.

	Property Apportionment Factors Maine % Massachusetts % New Hampshire % Vermont %

b. Delicious Dave’s has nexus in each of the states, but the Maine total includes $460,000 of investment property that Delicious rents out (unrelated to its business).

	Property Apportionment Factors Maine % Massachusetts % New Hampshire % Vermont %

c. Delicious Dave’s has nexus in each of the states, but also pays $56,000 to rent property in Massachusetts.

	Property Apportionment Factors Maine % Massachusetts % New Hampshire % Vermont %

Answer 1

A. Delicious Dave’s has nexus in each of the states.

	Property Apportionment Factors
Maine	40.14%
Massachusetts	7.75%
New Hampshire	14.75%
Vermont	37.36%

Workings

	Beginning	Ending	Average	Factor
Maine	971,644.00	1,044,489.00	1,008,066.50	40.14
Massachusetts	138,027.00	251,061.00	194,544.00	7.75
New Hampshire	420,455.00	320,689.00	370,572.00	14.75
Vermont	922,332.00	954,376.00	938,354.00	37.36
Total	2,452,458.00	2,570,615.00	2,511,536.50	100.00

b. Delicious Dave’s has nexus in each of the states, but the Maine total includes $460,000 of investment property that Delicious rents out (unrelated to its business).

	Property Apportionment Factors
Maine	26.71%
Massachusetts	9.48%
New Hampshire	18.06%
Vermont	45.74%

Workings

	Beginning	Ending	Average	Factor
Maine	511,644.00	584,489.00	548,066.50	26.71
Massachusetts	138,027.00	251,061.00	194,544.00	9.48
New Hampshire	420,455.00	320,689.00	370,572.00	18.06
Vermont	922,332.00	954,376.00	938,354.00	45.74
Total	1,992,458.00	2,110,615.00	2,051,536.50	100.00

c. Delicious Dave’s has nexus in each of the states, but also pays $56,000 to rent property in Massachusetts.

	Property Apportionment Factors
Maine	33.88%
Massachusetts	22.12%
New Hampshire	12.46%
Vermont	31.54%

Workings

	Beginning	Ending	Average	Factor
Maine	971,644.00	1,044,489.00	1,008,066.50	33.88
Massachusetts	598,027.00	718,061.00	658,044.00	22.12
New Hampshire	420,455.00	320,689.00	370,572.00	12.46
Vermont	922,332.00	954,376.00	938,354.00	31.54
Total	2,912,458.00	3,037,615.00	2,975,036.50	100.00