Examples of Unitary business in a sentence
Unitary business" means a business activity that is characterized by unity of ownership, functional integration, centralization of management and economies of scale.[PL 1999, c.
Unitary business" means a single economic enterprise that is made up either of separate parts of a single business entity or of a group of business entities under common ownership that are sufficientlyinterdependent, integrated, and interrelated through their activities so as to provide a synergy and mutual benefit that produces a sharing or exchange of value among them and a significant flow of value among the separate parts.
Unitary business is a concept of constitutional law defined in decisions of the United States Supreme Court.
Unitary business group includes an affiliated group that makes the election to be treated, and to file, as a unitary business group under section 691(2).(7) "United States person" means that term as defined in section 7701(a)(30) of the internal revenue code.
Thus, X Corporation owns or controls 80 percent or more of the voting stock of Y Corporation.[(b) Unitary business requirement.