From our editorial today:
Idaho taxpayers who contribute their fair share to the cost of state government have reason to snarl over the possibility that many multistate corporations are getting a questionable break.
But taxpayers aren’t the only stakeholders. Other businesses, whom the practice puts at a competitive disadvantage, also have a beef.
A veteran auditor for the Idaho Tax Commission contends out-of-state corporations routinely avoid millions of dollars in state income tax liabilities through a scheme that relies on cooperation by commission members and remains out of public sight, thanks to a convenient regulatory gimmick. Tax auditor Stan Howland says the activity has been going on for 17 years and was flagged in 1976 but has only become more prevalent.
Maddening isn’t it?