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Problem - Making a Multistate Location Decision

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Problem - Making a Multistate Location Decision

LocalCo has customers in most U.S. states. It does not employ a traditional sales force. Instead, it sells its products exclusively through internet solicitations and its elaborate website.

LocalCo has two product lines: cell phone accessories, which it manufactures in Alabama, and various sports-themed apparel items, all of which are produced in California. LocalCo has been quite profitable in the past, and it holds a sizable investment portfolio, made up chiefly of U.S. Treasury securities. Banking, payroll, and other administrative operations are located in rural New York State, where the entity is incorporated. LocalCo's rank-and-file employees receive compensation packages that are below the national median, but its top 10 executives are highly paid.

In an effort to "go green," LocalCo wants to hold down its costs for shipping raw materials to its manufacturing facilities and for sending its sold goods to customers. Thus, it is considering the construction of a sizable new multifunction building. Ideally, the new facility would have access to both interstate highways and a reliable airport with excess capacity for freight operations.

How will LocalCo's expansion decision be affected by state and local tax considerations?

Reference no: EM132664094

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