United States
Favorable classification available for retailers selling private label products and consumer products companies using contract manufacturing
Budget bills address pass-through entity tax, sales tax base and nexus changes, tax credits and reporting obligations.
Analyzing recent FTB guidance on determining whether a taxpayer can take a credit or deduction for taxes “paid” to another state.
The State of Washington has provided statutory and regulatory guidance on the application of the B&O tax to import activity.
Arizona department reevaluates LR13-006, finding cloud storage services are subject to the transaction privilege tax
FTB advises individuals that they are not allowed a credit against individual tax for Revised Texas Franchise Tax paid.
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?