Ideas & Insights

New law for sourcing sales of services and intangibles effective with tax years beginning on or after Jan. 1, 2020.

Amended rules address apportionment and allocation of income from partnership interests owned by corporate partners.

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 ...

A number of MTC model provisions adopted including sourcing of sales other than tangible personal property and alternative apportionment.

Historically, some entities in the financial service industry could not utilize Connecticut’s “financial service company” apportionment because the...

Commissioner prohibited from applying alternative apportionment after failing to show statutory formula did not reflect Minnesota income.

For California purposes, section 382 applies on a pre-apportionment basis, RBIGs, NUBIGs, RBILs and NUBILs on a post-apportionment basis.

Lease tax ruling imposed on rental companies renting outside of Chicago violates the home rule provision of the Illinois Constitution.

50 states mean 50 sets of rules. We look at why state compliance is difficult and what you need to know when operating in multiple markets.

Private equity companies have become inundated with state income tax issues as portfolio company investments have shifted to partnerships and LLCs.

The combination of sales factor presence standards and market-based sourcing for receipts from sales of services can create significant problems.

The Missouri Supreme Court rules that title transfers for sales tax purposes when goods are shipped out-of-state F.O.B. manufacturer.

Actions taken by the IN Department of Revenue blur lines when apportioning services receipts, creating potential traps and opportunities.

New York City mayor proposes, and state legislature is expected to adopt, city tax reform that aligns with 2014 state tax reform.

The California FTB has approved a staff request to finalize proposed changes to the state’s sales factor market-based sourcing rules.

Tax law changes in Massachusetts will challenge engineering and architectural companies, especially with respect to market-based sourcing.

Every company makes purchases, so every company has sales and use tax decisions. Many misjudge their sales tax obligations in these 3 areas.

As businesses scale to meet market demands, sales tax compliance risks come into play. Protect your business against transaction tax risk.

Determining what is taxable and in which state or locality is not easy. Learn the basics of sourcing for state and local tax purposes.