While these are very old laws to finally be added to the CPA exam (which already has plenty of varied content), I think it must be due to the growing importance of these rules to businesses of all sizes that today can easily engage in interstate commerce. I wonder though why the content is described so narrowly. For example, why not add:
- Nexus concepts for state income tax purposes.
- Basic rules and concepts for determining state income tax of a multistate business.
UDITPA for the CPA exam?