TABLE 1.2
WESTERN STATES CORPORATE TAX PARAMETERS
           
  (1) (2) (3) (4) (4)
  TAX TAX MINIMUM OPERATING OPERATING
  RATE SHARE (1) TAX LOSS LOSS
STATE   (1999)   BACK FORWARD
        years years
ARIZONA 7.0% 7.2% $50 0 5
           
CALIFORNIA 8.8% 7.5% $800 0 5
      (2)    
COLORADO 4.6% 4.6% $0 0 20
           
IDAHO 8.0% 4.4% $20 3 15
        $100,000 limit  
MONTANA 6.8% 6.7% $100 3 7
(no sales tax) (over$335,000)        
NEW MEXICO 7.6% 4.7% $0 0 5
  (over$1 million)        
OREGON 6.6% 6.1% $10 0 15
(no sales tax)          
UTAH 5.0% 4.9% $100 3 15
        $1,000,000 limit  
AVERAGE 6.8% 5.8% $135 1.125 10.875
           
1     Ratio of corporate to total tax collections.  U.S. Dept. of the Census  
Internet table: State Government Tax Collections      
2     Alternative minimum tax also.