Section 488. Joint administration

In addition to the powers granted to the
  tax commission in this chapter, the commission is hereby  authorized  to
  make  provisions  pursuant  to  rules  and  regulations  for  the  joint
  administration, in whole or in part,  of  the  tax  imposed  by  article
  twenty  and  article  twenty-A  of  this  chapter,  including  the joint
  reporting of information, and for that purpose to prescribe that any  of
  the  commission's functions under such articles, and any returns, forms,
  statements, documents or information to be submitted to  the  commission
  under  such  articles,  any books and records to be kept for purposes of
  such articles, or any license under such articles shall be  on  a  joint
  basis.