TABLE 1.2
		WESTERN STATES CORPORATE TAX PARAMETERS
		TAX YEAR 2004
			TAX	TAX	MINIMUM	OPERATING	OPERATING
			RATE	SHARE (1)	TAX	LOSS	LOSS
		STATE	2004	2004	2004	BACK	FORWARD
						Years	Years
						(2004)	(2004)
		ARIZONA	6.968%	5.45%	$50	0	5
		CALIFORNIA	8.840%	8.08%	$800	0	10
					(2)		(3)
		COLORADO	4.630%	3.40%	$0	0	20
							(4)
		IDAHO	7.600%	3.92%	$20	2	20
					(5)	(6)	(7)
		MONTANA	6.750%	4.17%	$50	3	7
		(no sales tax)
		NEW MEXICO	7.600%	3.45%	$0	0	5
			(over$1 million)
		OREGON	6.600%	5.24%	$10	0	15
		(no sales tax)
		UTAH	5.000%	3.46%	$100	3	15
							(8)
		AVERAGE	6.749%	4.65%	$129	1	12
		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.
		3     5 for tax years beginning before 2000.
		4     15 years for losses incurred between 1/1/84 and 8/6/97.
		5     Idaho also charges an additional tax of $10 on each return
		6     3 years for tax years beginning on or before 1/1/2000
		7     15 years for tax years beginning on or before 1/1/2000
		8     Except for pre-1994 losses.
		(Sources: 2004 Multistate Corporate Tax Guide, Healy & Schadewald; State Government Tax
		Collections, U.S. Dept. of the Census; and Corportate Tax Rate Internet Table from Federation of
		Tax Administrators, http://www.taxadmin.org/fta/rate/corp_inc.html)