Four states have adopted or are considering budgets without significant tax increases even considering pandemic shortfalls.
Four states have adopted or are considering budgets without significant tax increases even considering pandemic shortfalls.
New Hampshire files challenge over Massachusetts regulation taxing telecommuting nonresidents with U.S. Supreme Court.
Looming budget shortfalls coupled with tax-related ballot measures in many states could significantly affect 2021.
A business did not owe tax on service contract fees, finding the receipts were sourced out-of-state rather than to in-state customers.
General Motors will refund Ohio $28 million in tax benefits after closing an assembly factory before the end of an incentives agreement.
Extension of corporate surtax and expanded millionaire’s tax assists New Jersey with significant budget deficit caused by the coronavirus.
The Tennessee Department of Revenue issued guidance on the state’s conformity to section 163(j) of the Internal Revenue Code.
Taxpayers have until Sept. 15, 2020 to participate in the program that may reduce transfer pricing disputes and provide penalty waiver.
Eligible businesses that did not receive certain other COVID-19 relief may qualify for grants up to $250,000.
The department found the business did not engage in qualifying research or submit proper documentation to substantiate the claim.
A judge found that taxpayers did not abandon their residency and were therefore still subject to Arkansas personal income tax.
Seattle payroll expense tax to be imposed on employee compensation of at least $150,000 for businesses with $7 million or more in payroll.
The state will decouple from CARES Act net operating loss, interest expense and excess business losses provisions.
Taxpayers that properly secured a first extension may file a request for a second extension on or before Aug. 17, 2020.
California Office of Tax Appeals determined that a construction company could not use a resale certificate for material purchases.
Expanded eligibility ending Nov. 30, 2020 presents an opportunity for businesses to come into compliance with certain state taxes.
Revised conformity excludes certain net operating loss and excess business loss provisions effective for 2019 tax years.
The state will decouple from the taxpayer-friendly interest expense and net operating loss provisions of the federal CARES Act.
Expansive tax bill provides taxpayer-friendly changes while balancing reduced tax revenue in the COVID-19 economy.
Fiscal year 2021 budget includes temporary tax changes in order to generate much needed revenue in the COVID-19 economy.
New York enacts legislation further decoupling New York City corporate and UBT taxes from certain CARES Act provisions.
Refundable credit receives taxpayer-friendly updates, including increased availability and extended application deadline and sunset dates.
Delaware notices advise businesses to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
Taxpayer permitted alternative apportionment when calculating Michigan sourced income from the sale of an out-of-state business.
President held personally liable for unpaid income tax withholding even after another corporate officer found responsible.
Effective July 1, Maryland has exempted from sales and use tax the sale of certain personal property to qualified data centers.
Services performed in Detroit for clients located outside the city should be sourced to Detroit for purposes of the city’s income tax.
The elective tax is intended as a state and local tax deduction limitation workaround, joining six other states with similar provisions.
Ten-year net deferred tax liability deduction may be claimed beginning in 2023 as long as Form DT-1 is timely filed by July 1, 2020.
When determining whether an S corp distribution is a dividend, Arkansas taxpayers must use state-specific AAA rather than federal AAA.
Proposed budget would freeze planned rate reductions and calls for a non-resident wage tax increase to offset the impact of COVID-19.
Taxpayer-friendly measures provide interest waivers, extension of limitations periods and assistance to impacted businesses.
The Arizona Court of Appeals upheld a lower court finding that a CEO was responsible for unremitted transaction privilege tax.
The COVID-19 pandemic may relieve recipients of tax incentives from the recapture provisions under the Nebraska Advantage Act.
Emergency regulations and technical guidance provide clarifications for telecommuter withholding and nexus safe harbors.
The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.
Maintaining static conformity to the IRC, Wisconsin adopts several taxpayer-friendly provisions of the federal CARES Act.
Remote programming employee directly impacted an Arkansas employer's ability to carry out its mission and purpose.
The bills address the state's IRC conformity as it relates to new federal section 163(j) limitation rules, among other provisions.
Three recent cost of goods sold cases represent the highly nuanced nature of the Texas franchise tax calculation.
Delaware notices advise companies to either participate in the state’s unclaimed property VDA Program or be subject to an audit.
Financial services businesses providing software and services to Illinois customers may have multiple transaction tax obligations.
Publicly traded companies located in Illinois may be subject to new demographic reporting requirements by Jan. 1, 2021.
Last year’s service-based and advanced computing business surcharges receive significant makeover after public concern.
Online software products allowing remote access to a host computer as well as screen sharing capabilities were taxable.
Favorable classification available for retailers selling private label products and consumer products companies using contract manufacturing
Three states have prescriptions for opioid taxes on manufacturers and distributors. Here’s what you need to know.
New Jersey becomes the sixth state to adopt an entity-level tax establishing a workaround to the federal SALT deduction limitation.
The Texas Comptroller adopted a $500,000 economic nexus threshold for the state's franchise tax effective in 2020.
Certain perishable meat manufactures, processors, and sellers may be eligible for a reduced business and occupation tax rate.
The Michigan Department of Treasury issued a letter ruling detailing the sales tax treatment of various information services.
Ohio backtracks on eliminating business income deduction for certain taxpayers after concerns over enforcement and application surface.
North Carolina joins more than 30 states adopting a marketplace facilitator nexus provision effective Feb. 1, 2020.
Minnesota tax-exempt organizations may find some relief knowing that the state does not conform with two major federal changes.
Pennsylvania Department of Revenue issues guidance that administratively implements economic nexus for corporate net income tax.
Arizona Supreme Court finds online travel companies must collect tax on service fees and mark-ups paid to book hotel rooms.
Beginning in 2020, some individual taxpayers working remotely in Illinois will have a 30-day safe harbor from the state income tax.
New Jersey Division of Taxation rescinds unpopular GILTI and FDII allocation guidance issued in December; new guidance expected shortly.
Senate Bill 1591 provides an income tax credit for qualified apprentice education expenses through Dec. 31, 2024.
Amnesty programs will run through Nov. 15, 2019, and offer qualifying taxpayers complete waiver of interest and penalties.
The state has indicated that it will enforce economic sales tax nexus on Oct. 1, 2019, without a minimum sales or transaction threshold.
Senate Bill 523 provides a definition for certain digital goods and clarifies tax treatment for items without a tangible equivalent.
Washington Court of Appeals determined the graduated income tax to be impermissible under a uniformity requirement.
Ohio budget bill makes a number of changes to Ohio’s tax code expecting to result in millions in tax cuts; sales tax nexus addressed.
The California fiscal year 2020 budget addresses TCJA conformity and other new and amended state tax provisions.
California amends the effective date for district remote seller nexus requirements; offers penalty relief for certain marketplace sellers.
Budget bills address pass-through entity tax, sales tax base and nexus changes, tax credits and reporting obligations.
The new pass-through entity level tax may benefit some individuals subject to the $10,000 SALT deduction limitation.
Marketplace facilitators liable for sales tax collection; budget compromises avoid certain proposed tax increases on businesses.
The 2019 legislature passed several tax changes, issued marketplace facilitator rules and provided additional credits and incentives.
Learn more about the recent South Dakota v. Wayfair, Inc. U.S. Supreme Court decision and how it could affect private clubs.
Modernization addresses Alabama’s Opportunity Fund, Jobs Act Credit, federal opportunity zones and other incentive provisions.
Pass-through entity tax election for the 2019 tax year due June 28, 2019; election window will close until next calendar year.
Minnesota’s long-awaited conformity bill presents new challenges for individual and corporate taxpayers; remote seller provisions modified.
Alabama makes significant reforms to the Financial Institution Excise Tax by establishing estimated payments and redefining net income.
The Historic Rehabilitation Credit, Quality Jobs Tax Credit, and Manufacturing Investment Tax Credit are all impacted by new legislation.
Program offers credit against the corporation business tax and the gross income tax for certain digital media content expenses.
Colorado adopts RUUPA with minor variations; shortens dormancy for many property types, and eliminates the standard deduction.
Justices express concern over North Carolina’s tax on the undistributed trust income earned for the benefit of a resident.
Unclaimed property trends and modernization are highlighted at the 2019 Unclaimed Property Professionals Organization conference.
Budget bill address GILTI, qualified manufacturers, sales tax nexus, personal income tax rate extensions and property tax rate caps.
Tax bill reduces corporate tax rate and adopts single-sales factor apportionment and NOL changes; enacts remote sales tax provisions.
The New Jersey Division of Taxation's website for the mandatory registration of a combined group by its managerial member is now available.
Tax bill reduces nexus thresholds and amends provisions of the business and occupation tax; addresses remote sales tax collection.
Department clarifies that the high-technology data center equipment exemption is available to customers of data centers.
Legislation enacts Wayfair-styled economic sales tax nexus thresholds and marketplace facilitator provisions, effective July 1, 2019.
Legislation would have addressed various tax reform provisions, conformity, and remote seller sales tax nexus.
New and increased San Francisco gross receipts taxes take effect in 2019; economic nexus standard of $500,000 adopted.
The bill decouples from the SALT deduction cap, increases the standard deduction and addresses GILTI and 163(j) income.
New life sciences businesses can earn up to a maximum tax benefit of $1.5 million in tax credits over three years.
Recent Iowa tax reform expanded the sales tax base to include certain digital products and services; enacted remote seller nexus law.
Sales and use tax registration and collection are required when a remote seller exceeds $300,000 of sales in over 100 transactions.
New Jersey Division of Taxation provides updates to its section 965 reporting procedures in an effort to streamline compliance obligations.
Texas amends nexus rules providing for a $500,000 sales threshold for remote sales tax collection, effective Oct., 2019.
Economic sales tax nexus enforcement to begin on April 1, 2019 with adoption of $100,000 sales or 200 transaction thresholds.
Rate reduction triggered after revenue metrics achieved; draft TCJA guidance published addressing the personal income tax.
Workaround aims to address the federal $10,000 SALT deduction cap; enacts economic nexus for out-of-state retailers.
Amended rules address apportionment and allocation of income from partnership interests owned by corporate partners.
City of Philadelphia proposes economic nexus amendments to the city’s Business Income and Receipts Tax (BIRT) Ordinance.
Tax Amnesty program begins Nov. 15, 2018 and runs for 60 days; offers waiver of penalties and reduced interest.
California conforms to the federal audit reporting rules for partnerships, and the Franchise Tax Board provides tax payment confirmations.
San Francisco voters approved Proposition C, the Homelessness Gross Receipts Tax Ordinance, effective Jan. 1, 2019.
The supplemental budget bill addresses the inclusion of global intangible low-taxed income for personal and corporate income tax purposes.
South Dakota and the three online retailer taxpayers party to the Wayfair litigation reach an agreement to begin sales tax collection.
Franchise Tax Board further modifies existing guidance for business entity members of LLCs following the Swart decision.
Payroll tax aimed at offsetting state and local tax deduction cap for individuals begins to take shape; election required for 2019.
New Jersey enacts remote seller sales tax nexus provisions previously announced in guidance, effective Nov. 1, 2018.
The Georgia Department of Revenue has issued guidance on the state’s new economic sales tax nexus provisions effective Jan. 1, 2019.
Michigan Department of Treasury issues guidance regarding a purchaser’s successor liability for the unpaid taxes of an acquired business.
The IRS announced tax relief, including extended deadlines, to certain North Carolina counties impacted by Hurricane Florence.
Litigation preventing enforcement of Indiana’s economic sales tax nexus law ends as litigants settle with the department.
Washington state will require out-of-state businesses meeting a Wayfair-style sales or transaction threshold to collect sales tax.
The elimination of the sales and use tax physical presence could have a profound impact on the tax compliance obligations of auto suppliers.
Major provisions include the state response to federal tax reform, market-based sourcing, and a tax amnesty program.
Economic sales tax nexus laws permitted by the Court; physical presence sales tax nexus is no longer the Constitutional standard.
Provides additional considerations when determining a person’s residency, reinstates the direct appeal from Ohio BTA to Ohio Supreme Court.
UEZ benefits extended for all expiring zones to Dec. 31, 2023; review of return on investment of UEZ program established.
The effort to impose a surtax on incomes over a million dollars would have generated an estimated two billion in yearly revenue.
Two tax-related bills enacted on former governor’s last day in office addressing corporate income tax and telecommunications companies.
Due to recent legislation, pass-through entities are now required to make estimated tax payments throughout the course of the tax year.
Illinois’ FY19 budget legislation easily passes the general assembly with minor tax changes, including sales tax nexus expansion.
State tax reform package includes two workarounds to the state and local tax deduction limitation; decouples from TCJA provisions.
After several months of debate, the governor and state legislature agreed to a tax reform package largely addressing federal tax reform.
Qualified remote sellers with Indiana inventory may apply for a special sales and income tax voluntary disclosure.
Taxpayers who have already filed a 2017 tax return and included the section 965 amounts should amend their return.
Mayor expected to sign employee “head tax” on businesses with Seattle sourced taxable gross income exceeding $20 million.
Taxpayer appeals the Pennsylvania Supreme Court's remedy after finding the net loss carryforward unconstitutional.
Washington Department of Revenue encourages remote sellers to come forward by offering penalty reduction and limited look back.
Maryland continues single-sales factor apportionment adoption trend; includes five-year phase-in beginning with the 2018 tax year.
Tax amnesty to run through June 29, 2018, provide relief from interest and penalties for certain liabilities occurring before Jan. 1, 2018.
The Franchise Tax Board issued the fourth and final report on the state’s conformity to the Federal Tax Cuts and Jobs Act of 2017.
Eligible businesses may subtract certain property, payroll and sales from apportionment factors to reduce state taxable income.
California proposes first unclaimed property voluntary disclosure program in over ten years; would offer waiver of interest and penalties.
Responding to federal tax reform, New York addresses the state and local tax deduction and the new federal international tax provisions.
Taxpayers often experience compliance challenges, but managing risks affords taxpayers an opportunity to get ahead of common CAT missteps.
Indiana enacts law exempting the right to remotely access prewritten computer software from Indiana’s seven percent sales and use tax.
Nebraska aims to better understand its return on investment with improved performance auditing of tax incentives
Following up on another recent tax bill, Idaho updates conformity for 2018 tax years, and reduces personal and corporate tax rates.
California Franchise Tax Board issues first of three reports discussing implications of recent federal tax reform.
Alabama’s tax amnesty program will apply to most taxes, provide penalty and interest waiver, and run for three months beginning in July.
Michigan responds to federal tax reform, maintains and increases the state personal exemption for the 2018 tax year.
The best part of giveaways is that they are free to the fans – no increased ticket price, and more importantly, no sales tax! But does that mean ...
Virginia and West Virginia legislation aims to address state conformity with federal tax reform, but take markedly different approaches.
Qualifying New Jersey technology and biotech companies may sell unused NOLs and R&D credits to certain corporate taxpayers.
FTB provides state guidance on federal tax reform addressing the medical expense deduction, the SALT deduction and repatriation.
Commercial Rent Tax benefits include increase in tax exemption threshold amount and credit for certain lower rents and incomes.
State erred by sourcing an online university’s revenue based on market sourcing rather than the location of its income-producing activities.
The Ohio Supreme Court provides guidance on determining whether temporary labor is assigned on a permanent basis.
The high-income earners tax, currently scheduled to go into effect on Jan. 1, 2018, has received multiple challenges since passing.
Florida Supreme Court found the CST constitutional, even though it imposes a higher tax rate on satellite companies than cable companies.
Earlier this spring, Florida Gov. Rick Scott signed House Bill 7109, providing for a reduction in the real property rental sales tax effective Jan....
Effective Nov. 1, 2017, the District of Columbia Office of Tax and Revenue has revised the Qualified High Tech Company (QHTC) sales and use tax ...
One of the standout changes enacted by Ohio's House Bill 49 was a new election to participate in the Ohio Department of Taxation’s central ...
Tax bill closes budget shortfalls by limiting net loss carryforwards and enacting remote seller and use tax reporting provisions.
Pennsylvania Supreme Court finds net loss carryforward limitation unconstitutional; severs fixed dollar amount cap.
Illinois' Invest in Kids Act provides favorable corporate and individual income tax credits for qualified contributions to scholarship granting ...
California taxpayers located in several counties are eligible for disaster-related benefits such as filing and payment extensions.
In 2015, Washington state made sweeping changes to its unclaimed property law and opened an amnesty program. Unclaimed property holders that did ...
Anticipated regulations address unclaimed property examinations; create deadlines for holders to convert examinations and enter into VDAs.
Retailer merchandise credits were similar to “gift certificates” and not subject to escheat under state’s unclaimed property law.
”Cookie nexus” regulation becomes effective following withdrawn policy directive; sales threshold measured from 12 months preceding Oct. 1.
Ohio Development Services Agency announces fiscal year 2018 workforce training program application period; $25,000 in maximum grants.
Wisconsin enacts legislation intended to promote growth in the state and close budget gaps with both tax reductions and increases.
Illinois extends sunset of the Economic Development for a Growing Economy and Angel Investment tax credits for an additional five years.
In response to the devastation from Hurricane Harvey, the IRS, Texas and other states have provided guidance on extended filing deadlines. Texas ...
The South Dakota Supreme Court rejects a law directly challenging Quill v. North Dakota’s physical presence nexus standard.
Department of Taxation provides details on amnesty-eligible taxes, periods and disqualifications; explains payment procedures.
Potential refund opportunities for taxpayers calculating a non-income tax using apportionment factors related to treaty-exempt income.
The state has published a central portal for information related to the new remote seller provisions enacted by the recent budget bill.
Taxpayers in declared disaster areas are eligible for postponement of state tax payments under certain conditions.
Voluntary disclosure program targets remote sellers with click-through or referral arrangements with New Jersey parties.
Amnesty period begins this winter, benefits include complete waiver of penalties, and partial waiver of interest.
Recently, the Ohio Board of Tax Appeals issued a decision addressing the situsing of sales under the state’s Commercial Activity Tax (CAT). In ...
MA high court unconvinced sales tax drop shipment rule discriminates against interstate commerce for nexus-established wholesaler.
Comptroller policy letter ruling addresses credit loss under late-filed reports and claiming a credit when a member leaves a combined group.
Missouri delays implementation of IBM decision to allow time to address the extent of the sales and use tax manufacturing exemption.
Budget bill provides rate reductions for both the corporate income tax and personal income tax, increases the personal deduction
Analyzing recent FTB guidance on determining whether a taxpayer can take a credit or deduction for taxes “paid” to another state.
Washington state budget bill includes use tax notification and reporting requirements and economic nexus provisions for retailing B&O tax.
The budget increases personal and corporate tax rates, makes tax exemption and credit changes and revises the unclaimed property law.
Provides for tax amnesty program, eliminates low income tax brackets, and makes changes to a number of state taxes.
Changes to recent unclaimed property legislation provide for various technical clarifications, additional time for adoption of regulations.
Missouri bill exempts "usual and customary" separately stated delivery charges, providing consistent tax treatment to shipping charges.
Policy directive would have established sales tax nexus for remote vendors making over $500,000 of sales in 100 or more transactions.
General Assembly establishes two new agencies to replace Board of Equalization’s tax appeals and tax administration functions.
Minnesota passes tax bill enacting numerous changes to the individual income tax, corporate business tax, and sales and use tax.
S-corporations doing business in California and that have NRBIGs are required to apportion those gains to California. However, taxpayers and tax ...
The State of Washington has provided statutory and regulatory guidance on the application of the B&O tax to import activity.
The first round of funding for the California Competes Tax Credit for FY 2017-18 opens July 24, 2017, and will close on Aug. 18, 2017.
Revenue raisers will impact individuals and pass-through entities; many are retroactive to the beginning of 2017.
Amnesty period begins in September 2017; benefits include complete waiver of penalties, interest and other collection fees.
Michigan Supreme Court had declined to hear appeals over decision finding the state’s retroactive repeal of the MTC constitutional.
Arizona enacts three bills providing favorable modifications to several existing state credits and incentives programs.
Bill establishes sales tax nexus for remote vendors making over $100,000 of sales or 200 or more separate transactions into the state.
Construction contractors must be well-versed on the state’s classifications options to avoid over or under payment of sales and use tax.
Commissioner prohibited from applying alternative apportionment after failing to show statutory formula did not reflect Minnesota income.
Department of Revenue Services provides guidance on recent legislative apportionment changes to the state business tax and income tax.
2017 tax amnesty program will run for a 60-day period and offers waiver of penalties and half the interest due for eligible liabilities.
For California purposes, section 382 applies on a pre-apportionment basis, RBIGs, NUBIGs, RBILs and NUBILs on a post-apportionment basis.
Incentives package focuses on various income, property, and sales and use tax incentives for manufacturers adding jobs in the state.
Parties enter into settlement agreement shortly before a petition to the U.S. Supreme Court was due, ending the litigation.
Budget proposals include reducing the business income tax rate, increasing personal exemption rates and broadening the sales tax base.
Mechanics of a unique depreciation method in North Carolina allows for bonus depreciation planning opportunities.
Parent lacks Iowa nexus despite performing management activities for subsidiaries active in Iowa, ineligible to join consolidated filing.
Pennsylvania Department of Revenue removes letter ruling on the taxability of previously nontaxable software support services.
Many states and localities offer taxpayers rate reductions and other benefits for prepayment of taxes. So, should you prepay? The answer to that ...
Department provides guidance to taxpayers affected by LaBelle Management decision, gives retroactive effect for all open tax years.
Remote sellers owning inventory held by Virginia fulfillment service providers now deemed to have sufficient activity for sales tax nexus.
Tax Tribunal affirms on rehearing that the rule calculating the taxes paid to other states credit was contrary to the authorizing statute.
Digital Marketing Associations (DMA) Colorado sales and use tax notice and information reporting saga ends in settlement.
FTB declines appeal of decision finding that 0.2 percent interest in a manager-managed LLC did not constitute ‘doing business’ in the state.
Partnership Form M3 requires allocation of guaranteed payments to Minnesota using the same apportionment used to allocate partnership income.
Tax reform legislation aimed to address cascading revenue shortfalls fails to survive governor’s veto, despite efforts to override.
Taxpayers and preparers may be required to provide state driver’s license information as an increasing number of states include the mandate in ...
Eligible taxpayers receive generous benefits including complete waiver of penalties and 50 percent waiver of interest.
Massachusetts Supreme Judicial Court previously affirmed its decision that held FIET sourcing rule did not violate internal consistency.
Recently, Pennsylvania Gov. Wolf announced his proposed budget for the Commonwealth’s fiscal year. The estimated deficit for the Commonwealth is ...
Universal Paid Leave Amendment Act of 2016 provides for one of the most expansive paid employee and family leave protections in the country.
Delaware enacts major unclaimed property reform, incorporating provisions from the RUUPA and addressing current challenges.
Recently, the New York State Comptroller quietly revised the 2017 unclaimed property voluntary compliance agreement reducing the reportable period ...
California biotech firm sees larger corporate tax bill after Massachusetts high court determination that it was engaged in manufacturing.
The District of Columbia has joined the growing movement towards putting an end to the “tampon tax” – a sales tax on tampons and other feminine ...
Kimberly-Clark becomes the second MTC repeal challenge denied review by high court following Gillette in October.
Taxpayer appeals to Supreme Court on ability to elect the MTC’s three-factor apportionment formula in calculating California franchise tax.
Pennsylvania Supreme Court to hear oral arguments in net loss carryforward limitation case, requests parties to consider Mount Airy decision.
Overrules commissioner’s tax avoidance arguments for taxpayers that followed letter of the law in claiming the election.
Tax bill will fund transportation projects with gas tax increase, also offering sales tax rate reductions and personal income tax benefits.
Twenty-three states challenge the escheat of MoneyGram official checks, claiming instruments should have escheated to state of purchase.
State enforces 29 percent late payment penalty on businesses that have not filed annual reconciliations of apportionable income.
Complaint that Delaware’s unclaimed property law was preempted by federal law and audit requests were illegal search and seizures dismissed.
Illinois department adopts guidelines for rebutting the presumption that nexus is established through click-through agreements.
California FTB adopts market-based sourcing amendments clarifying sourcing of receipts from marketable securities and interest income.
Indiana issues guidance pursuant to the Wynne decision for credits against local income tax for taxes paid to out-of-state localities.
Federal District Court finds that Delaware’s unclaimed property methodology and audit techniques violate substantial due process.
Indiana tax court finds a metal processor eligible for sales and use tax exemptions as a producer of scrap steel for sale.
Massachusetts reforms economic development incentive program and creates angel investor credit and college savings tax incentive program.
New York tax tribunal determines that a taxpayer with extensive Florida connections did not change domicile for 2007 tax year.
Pennsylvania enacts budget bill providing new sales tax on digital goods, tax amnesty program and return due date changes, among others.
Ohio enacts legislation exempting digital advertising services after release of department guidance interpreting those services as taxable.
Massachusetts Supreme Judicial Court holds that a trustee-bank is subject to the fiduciary income tax as an inhabitant of the Commonwealth.
The Michigan Department of Treasury issues guidance paving the way for sales and use tax refund claims for SaaS and cloud-based purchases.
Missouri and many other states provide reduced sales tax rates and exemptions for groceries that are not intended to apply to prepared food sold in...
Arizona department reevaluates LR13-006, finding cloud storage services are subject to the transaction privilege tax
Alabama’s economic sales and use tax nexus regulation providing substantial nexus to remote retailers receives its first challenge.
A recent court case emphasizes that the burden of proof is on the taxpayer when it comes to claiming deductions. On May 17, 2016, the Texas ...
Michigan enacts amendments ending flow-through entity withholding for tax years beginning on or after July 1, 2016.
Connecticut enacts bills to implement market-based sourcing and unified apportionment methodology.
District of Columbia adopts second round of emergency legislation necessary to preserve 2016 reduced franchise tax rate.
Texas comptroller proposes retroactive rule amendments to narrow the application of the reduced retailer/wholesaler franchise tax rate.
Arizona enacts broadly applicable tax amnesty that provides for complete waiver of interest and penalties.
Arizona Gov. Doug Ducey completes action on all legislation passed this session, including a number of tax bills.
Colorado department responds to taxpayer’s request in determining LLC filing responsibilities.
Private equity companies have become inundated with state income tax issues as portfolio company investments have shifted to partnerships and LLCs.
Oklahoma Governor signs remote seller sales tax bill implementing attributional nexus rules and disclosure requirements.
New York advises seller that the sale of a tablet-based product that remotely accesses software is taxable as a sale of canned software.
Alabama court rules photography services are not subject to sales tax because the transfer of the photographs was incidental to the service.
Supreme Court of Ohio rules the state lacks jurisdiction to tax a nonresident individual on income from the sale of a pass-through interest.
New Jersey Tax Court rules that a taxpayer was required to add back related party interest expense because addback was not unreasonable.
Alabama Department of Revenue launches dedicated website for upcoming 2016 amnesty program and provides guidance regarding amnesty terms.
Nevada regulations provides some clarity regarding application of gross receipts tax.
Wisconsin legislation retroactively eliminates federal excise tax on heavy trucks and trailers from computation of sales tax base.
Missouri Supreme Court rules that direct mail items printed, and mailed into Missouri from, outside the state were not subject to use tax.
Texas Comptroller rules that cloud-based transaction facilitation services are not sourced to the state for franchise tax purposes.
Texas Supreme Court rules overall net losses cannot be used to offset other receipts for apportionment factor computation purposes.
Indiana enacts statutes found invalid as regulations, reinstating the previous sales tax treatment of time and materials contracts.
Iowa enacts sales and use tax exemption for manufacturing supplies and provides significant definitions applicable to manufacturing exemptions.
A significant unclaimed property decision by a California court may indicate a refund opportunity for retailers. Are there opportunities elsewhere?
Massachusetts DOR to hold a 60-day amnesty program commencing April 1, 2016 and ending May 31, 2016. This program is open to non-filers.
Michigan Court of Appeals rules that the Multistate Tax Compact apportionment election is available for Single Business Tax years.
U.S. Supreme Court denies certiorari in a case challenging California’s unclaimed property owner notification and escheatment requirements.
North Carolina requires certain corporate taxpayers to submit a market-based sourcing informational report on or before April 15, 2016.
Colorado trial court rules that a holding company with no property or payroll of its own could not be included in its parent’s combined group.
FTB advises individuals that they are not allowed a credit against individual tax for Revised Texas Franchise Tax paid.
Connecticut Gov. Daniel Malloy signs the state’s biennial budget and an implementer bill that revised numerous tax changes.
Michigan Court of Appeals upholds state’s retroactive repeal of the Multistate Tax Compact, taxpayer likely to appeal.
North Carolina enacts important corporate income and franchise tax, individual income tax and sales tax changes.
Chicago issues guidance regarding the taxability of nonpossessory computer leases and streaming movies and games.
Kansas DOR issues guidance allowing Kansas resident individuals to claim a credit against state income tax for local income and earnings taxes paid.
Wisconsin enacts legislation intended to promote growth and close budget gap with various tax increases and decreases.
Kansas enacts legislation intended to close budget gap with various tax increases and the establishment of a tax amnesty program.
Uber drivers are reclassified as employees rather than independent contractors subjecting Uber to employer regulatory and tax regimes.
Discover how Nevada tax reform, Maryland v. Wynne and interstate transfer pricing under the MTC’s ALAS will affect businesses from coast to coast.
The Georgia Tax Tribunal determines that Georgia resident individuals who own interests in flow-through entities may deduct Texas franchise tax paid.
New York provides procedures for identifying stock as investment capital for the purposes of the state’s exemption for investment income.
Ohio enacts budget bill, providing individual income tax cuts but implementing click-through nexus for sales tax purposes.
The Missouri Supreme Court rules that title transfers for sales tax purposes when goods are shipped out-of-state F.O.B. manufacturer.
Florida legislation provides communications and satellite services tax relief, expands sales tax exemptions and creates a sales tax holiday.
Maryland Tax Court finds corporation had nexus in the state because “enterprise dependence” existed with in-state subsidiaries.
The New York Tax Appeals Tribunal finds that a group of corporations were engaged in a unitary business and separate reporting distorted their income.
Missouri legislation allows the state to enter into reciprocal agreements to intercept tax refunds and other payments to offset non-tax debts.
Maryland, Missouri and Indiana enact a new round of broadly applicable state tax amnesty programs.
The U.S. Supreme Court has ruled that the Commerce Clause requires a state to provide residents a credit for taxes paid to other states.
Indiana enacts multiple bills with a significant impact on the state’s income tax, sales and use tax and personal property tax.
Missouri amends alternative apportionment formula to clarify sourcing rules applicable to sales other than tangible personal property.
North Dakota enacts law to allow corporations to elect to phase in single sales factor apportionment for tax years beginning after Dec. 31, 2015.
Missouri enacts broadly applicable tax amnesty program that will run from Sept. 1, 2015, through Nov. 30, 2015.
Actions taken by the IN Department of Revenue blur lines when apportioning services receipts, creating potential traps and opportunities.
New York amends New York City’s general corporate tax structure to bring it into partial conformity with New York’s 2014 state-level reforms.
Maryland enacts tax amnesty program that applies to nonfilers and taxpayers that underreported or underpaid a wide variety of state and local taxes.
Arkansas amends personal income tax relief bill and gradually restores 50 percent net capital gains exemption.
Taxpayer settles constitutional challenge to Oklahoma corporate income tax capital gains deduction.
Colorado DOR finds that a company’s sales of enterprise electronic messaging services to Colorado customers are not subject to sales and use tax.
U.S. District Court allows unclaimed property holder to continue suit alleging Delaware’s escheat estimation methods violate the U.S. Constitution.
New York MCTMT returns for tax year 2014 are due by April 30, 2015, after which taxpayers will file MCTMT with their personal income tax returns.
Arizona enacts legislation to establish broadly applicable tax amnesty running from Sept. 1, 2015, through Oct. 31, 2015.
For the first time in several years, a Massachusetts tax amnesty program will include corporate excise taxes. The exact program date has not been ...
Illinois passes a bill to expand applicability of the insurance self-procurement tax to previously exempt Illinois-based middle market companies.
San Francisco to fully phase out payroll tax by 2018. Final first year payment of gross receipts tax under Proposition E is due March 2, 2015.
Tax court finds utilities consumed in rehabilitating used tanker trailers are not exempt. Sales tax is due on electricity and natural gas purchases.
New York tribunal finds online travel company’s receipts were more properly sourced as services to the location where performed by seller.
Pennsylvania DOR issues guidance regarding the sourcing of receipts from sales of services and intangibles.
As 2014 drew to a close, Governor Kasich signed several pieces of legislation into law, impacting a wide variety of Ohio taxes.
The California FTB has approved a staff request to finalize proposed changes to the state’s sales factor market-based sourcing rules.
The California Franchise Tax Board recently introduced a new annual filing requirement to track deferred section 1031 gain from California property.
Tax law changes in Massachusetts will challenge engineering and architectural companies, especially with respect to market-based sourcing.
Wisconsin DOR provides additional guidance regarding mandatory state basis adjustments related to federal bonus depreciation.
New York Tribunal holds taxpayers can file combined returns solely because combination is necessary to avoid distortion.
The California Franchise Tax Board announced it is moving forward with amendments to the state’s partnership income apportionment regulations.
Stay up to date on the frequent changes related to Colorado’s out of state seller use tax regulations.
Illinois passes a bill to amend the click-through nexus law previously struck down by the Illinois Supreme Court.
The Illinois Manufacturer’s Purchase Credit and Graphic Arts Machinery and Equipment Exemption were not extended and will end Aug. 30, 2014.
California Franchise Tax Board adopts final revised withholding at source regulations; related guidance and form instructions may be out of ...
New Jersey enacts Assembly Bill 3486, making significant corporate income tax changes and adopting click-through nexus for sales tax purposes.
North Carolina Governor signs the Omnibus Tax Bill to enact major tax reforms, including sweeping changes to the state’s net economic loss deduction.
A Michigan court ruled that cloud computing is not subject to sales and use tax, creating potential refund opportunities for taxpayers.
Arizona legislation extends sales tax exemption to the purchase of electricity and natural gas by businesses with manufacturing or smelting ...
Maryland businesses with out-of-state subsidiaries should take note that these subsidiaries may not be shielded from Maryland corporate income tax.
New York Governor Andrew Cuomo has signed into law sweeping tax reform, radically revamping state taxation of corporations, banks and individuals.
Connecticut classifies use tax noncompliance as a felony, creating potential for serious repercussions for taxpayers and tax preparers alike.
Maryland’s complex rules for net operating losses subject taxpayers to a high risk of error. Is an overhaul of the system in order?
An Illinois appellate court rules resident trust classification of decanted Illinois trust violates the due process clause of the U.S. Constitution.
North Carolina subjects certain sales of service contracts covering the repair or maintenance of tangible personal property to sales tax.
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