WESTERN STATES CORPORATE TAX PARAMETERS
TAX YEAR 2003
		as of 1/1/03
	(1)	(2)	(3)	(4)	(4)	APPORTIONMENT
	TAX	TAX	MINIMUM	OPERATING	OPERATING	WEIGHTS
	RATE	SHARE (1)	TAX	LOSS	LOSS	SALES,WAGE,PROPERTY
STATE		2001		BACK	FORWARD
				years	years
ARIZONA	6.968%	6.47%	$50	0	5	50,25,25
CALIFORNIA	8.84%	7.63%	$800	0	10	50,25,25
			(2)	0.00%	(3) 55% for 2001
COLORADO	4.63%	4.49%	$0	0	20	33.3,33.3,33.3
						ALTERNATIVE AVAILABLE(4)
IDAHO	7.60%	5.55%	$20	2	20	50,25,25
				$100,000 limit
MONTANA	6.75%  (7%)	6.93%	$50	3	7	33.3,33.3,33.3
(no sales tax)	(over$335,000)
NEW MEXICO	7.60%	4.76%	$0	0	5	33.3,33.3,33.3
	(over$1 million)					ALTERNATIVE AVAILABLE(4)
OREGON	6.60%	5.48%	$10	0	15	80,10,10
(no sales tax)
UTAH	5.00%	4.00%	$100	3	15	33.3,33.3,33.3
				$1,000,000 limit
AVERAGE	6.75%	5.66%	$129	1	12
1     Ratio of corporate to total tax collections.  U.S. Dept. of the Census
Internet table: State Government Tax Collections			http://www.census.gov/govs/state/01statess.xls
2     Alternative minimum tax also.
3     California has a complicated program where only part of NOLs are allowed,
but the ratio varies each year.
4    Some firms are given an alternative
Tax rates	http://www.taxadmin.org/fta/rate/corp_inc.html
Apportionment	http://www.taxadmin.org/fta/rate/corp_app.html