Provides support to collect data through dual reporting. Under MBS, every corporation having income from business activity which is taxable both within and without the Commonwealth that has Virginia taxable income before apportionment equal to or in excess of $50 million on the return filed for Taxable Year 2014 must submit information to the Department of Taxation showing the computation of its Taxable Year 2014 sales factor using market-based sourcing. The required information must be submitted to the Department of Taxation on or before June 1, 2016. Any corporation required to submit such information to the Department of Taxation that does so on or before June 1, 2016 shall receive an allocation of $2,500 from the Department of Taxation. Any corporation required to submit such information to the Department of Taxation that fails to do so on or before June 1, 2016, or that fails to submit such information accurately shall be subject to a penalty of $5,000. The Tax Commissioner shall have the authority to waive such penalty upon a determination that the requirement would cause an undue hardship.