Insight Article
Rhode Island enacts tax amnesty program
Amnesty period begins this winter, benefits include complete waiver of penalties, and partial waiver of interest.
Amnesty period begins this winter, benefits include complete waiver of penalties, and partial waiver of interest.
North Carolina governor signed the state budget that included several changes to the state tax code.
Eligible businesses may subtract certain property, payroll and sales from apportionment factors to reduce state taxable income.
California Franchise Tax Board adopts final revised withholding at source regulations; related guidance and form instructions may be out of ...
Illinois passes a bill to amend the click-through nexus law previously struck down by the Illinois Supreme Court.
Maryland businesses with out-of-state subsidiaries should take note that these subsidiaries may not be shielded from Maryland corporate income tax.
Massachusetts has enacted a budget bill requiring the Commissioner of Revenue to offer a tax amnesty program in fiscal year 2015.
Massachusetts Supreme Judicial Court affirms that state’s excise tax on satellite providers does not discriminate against interstate commerce.
Draft revisions to Massachusetts’ apportionment regulations have been issued. These revisions provide guidance on the change to market-based ...
A Michigan court ruled that cloud computing is not subject to sales and use tax, creating potential refund opportunities for taxpayers.
Michigan Supreme Court had declined to hear appeals over decision finding the state’s retroactive repeal of the MTC constitutional.
Minnesota passes yet another round of tax legislation, making across-the-board changes to sales and use, income, and property taxes.
Missouri legislation allows the state to enter into reciprocal agreements to intercept tax refunds and other payments to offset non-tax debts.
Missouri legislators voted to override Governor Nixon’s veto of a personal income tax cut package, phasing in rate reductions and other benefits.
New Jersey announces business and individual tax resolution program applicable to unpaid liabilities from 2005-2013.
New Jersey announced a two-month VDA period for programs related to intangible asset nexus and partnership tax, beginning March 15, 2014.
New Jersey enacts Assembly Bill 3486, making significant corporate income tax changes and adopting click-through nexus for sales tax purposes.
New York Governor Andrew Cuomo has signed into law sweeping tax reform, radically revamping state taxation of corporations, banks and individuals.
New York provides procedures for identifying stock as investment capital for the purposes of the state’s exemption for investment income.
North Carolina Governor signs the Omnibus Tax Bill to enact major tax reforms, including sweeping changes to the state’s net economic loss deduction.