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TAXABLEYEAR 2012 CALIFORNIASCHEDULE Apportionment and Allocation of Income R Attach this schedule behind the California tax return and prior to the supporting schedules. For calendar year 2012 or
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Water's edge filers only are corporations that are required to file a water's edge report in jurisdictions that use a water's edge combined reporting method for income taxes.
Corporations that meet the criteria for water's edge filers as defined by the taxing jurisdiction are required to file water's edge reports.
Water's edge filers must accurately report their income, deductions, apportionment factors, and other required information on the water's edge report form provided by the taxing jurisdiction.
The purpose of water's edge filers is to determine the taxable income of corporations operating in multiple jurisdictions using a combined reporting method that excludes certain foreign income.
Water's edge filers must report their domestic income, deductions, apportionment factors, foreign income, and any other information required by the taxing jurisdiction for combined reporting.
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