fair share
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 390 U.S. 317 - Norfolk & Western Railway Co. v. Missouri State Tax Commission · 1968Most cited · 273 citing opinions
That fair share may be regarded as the value, appropriately ascertained, of tangible assets permanently or habitually employed in the taxing State, including a portion of the intangible, or 'going-concern,' value of the enterprise.