Cost-of-performance sourcing
In accounting, cost-of-performance sourcing means assigning receipts from services to the state where the income-producing activity is performed — under the UDITPA rule, all of it to the state with the greater share of the costs of performance.
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 4
Not a rule
Multistate Tax Compact art. IV, §17 (UDITPA) — not codified in GAAP. US GAAP governs recognition, measurement and presentation — not the mechanics a bookkeeper uses to get there. Anyone citing a standard for this word is citing the wrong thing.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- market-based sourcing
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Also in Tax
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.