The Tax Exchange
Tax discussions for the business leader

Bobbleheads spring into Ohio sales and use tax
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 the giveaways are tax free?

Fringe benefits still largely intact after tax reform
Despite minimal impact, employers likely need to change processes or reporting related to fringe benefits in order to comply with tax reform.

India proposes draft master file and CbC reporting rules
India’s Central Board of Direct Taxes has recently introduced draft rules for public comment that implement master file and country-by-country (CbC) fling requirements.

Tax reform: international planning considerations
Taxpayers with international activities will quickly realize that tax reform has taken the complex world of international taxation and added several additional layers of complexity.

Federal tax reform and the states: Conformity is key
With the passage of federal tax reform, both business and personal income taxpayers will need to consider how the federal changes will affect state law. Currently, state conformity to the federal tax code is as varied as the state names themselves, that is to say, state conformity must be observed on a state-by-state basis.

Pennsylvania provides guidance on the corporate NOL limitation
Understand the latest guidance from Pennsylvania regarding net operating losses, including how changes to the NOL limitation for the 2017 and later tax years must be taken into account as fourth quarter events.