Happy New Year!
I hope you are off to a great start (despite the extreme cold and snow many of you have been experiencing). Be safe out there.
As we start the new year with federal tax reform finally enacted, we will begin to have to deal with the details, and how states will respond. This year's state legislative season should be very interesting. The District of Columbia and Pennsylvania have already provided some responses (see #30 and #32 below).
The following are state tax and business developments I have curated since December 12, and posted in the LEVERAGE SALT LinkedIn group:
Some of the items may be on the same state/issue/topic, but they are from different sources which may give you a broader perspective to help your company or client.
Income-producing activity of cable company is as licensee
Seattle Income Tax Ruled Invalid
Connecticut Fresh Start Program Has Begun
Florida DOR Issues Guidance on Voluntary Disclosure Program
Amended Alabama Rule Reflects New Law that Includes Loans and Credit Card Receivables in Property Factor for FIET Purposes
New California FTB Policy Prohibits Certain Ex Parte Communications Involving Alternative Apportionment Petition Hearings
Arkansas Taxpayers Reminded that New Law Taxes Specified Digital Products and Digital Codes Beginning January 1
Ohio Supreme Court Holds that Preparation of Company Gift Sets for Retailers Qualifies as Exempt Assembly Under Manufacturing Exemption
Washington DOR Issues Amended Business and Occupation Tax Rules on Financial Institution Apportionment to Conform with MTC Changes
Corporate Close-Up: New Jersey Court Rules That State Cannot Impose Corporate Business Tax on Foreign-Source Income Not Subject to United States Federal Income Tax
Tennessee DOR Subjects Cloud-Based Employee Scheduling Services to Sales and Use Tax
City of Chicago Department of Finance has changed the terms of its voluntary disclosure program
Trends in State Tax Policy, 2018
How States May React to Federal Tax Reform
Illinois updates the Revised Uniform Unclaimed Property Act
California Tax Update 2017
California Office of Tax Appeals Releases Final Draft Emergency Regulations on Rules for Tax Appeals
The 2018 National Multistate Tax Symposium
California OTA Issues Amended Proposed Emergency Regulations on Administration and Procedures of Appeals and Petitions for Rehearing
Indiana DOR Explains Success of its New Protest Review System
New Michigan Law Permits Alternate Method of Dispute Settlement/Resolution for Certain Tax Liabilities
Texas Comptroller Announces that Recently Enacted Tax Amnesty Program will Run from May 1 to June 29 Providing for Potential Waiver of Penalties and Interest
California FTB Updated New Policy Prohibits Certain Ex Parte Communications Involving Alternative Apportionment Petition Hearings
Massachusetts DOR Issues Proposed Regulations on Corporate Excise Tax Nexus
New Ohio Law Imposes Preferential Tax Rate on Certain Wages and Guaranteed Payments Paid by PEOs to Certain Owners of Pass-Through Entities
Texas Supreme Court Affirms Rejection of Taxpayer Use of Multistate Tax Compact Evenly-Weighted
CDTFA Discusses Expanded Partial Sales and Use Tax Exemption
Minnesota DOR Discusses New Law Imposing Collection and Remittance Responsibilities on Marketplace Providers
Ohio Trade Association Files Suit Challenging Validity and Enforcement of New Remote Seller Economic Nexus Law as Interpreted by Department of Taxation
PA Department of Revenue Bulletin: Federal 100 Percent Expensing Deduction Disallowed
Texas Supreme Court - Multistate Tax Compact three-factor election denied
District of Columbia Takes First Step to Decouple from Federal Tax Reform
State Strategies to Preserve SALT Deductions for High-Income Taxpayers: Will They Work?
State Tax Changes That Took Effect on January 1, 2018
Texas Tax Amnesty Begins May 1, 2018
Texas Supreme Court Denies Three-Factor Apportionment in Graphic Packaging
Federal tax reform and the states: Conformity is key
New York City small businesses to receive Commercial Rent Tax benefits
Indiana-based online participant revenue properly sourced out of state
Ohio Supreme Court affirms decision on employment service exemption
Pennsylvania provides guidance on the corporate NOL limitation
The above represents 'general curating' of state tax developments into one spot. If you still feel overwhelmed by the volume of state tax developments, please consider my 'custom curating' service. Meaning, clients hire LEVERAGE SALT to daily curate state tax developments relating to a specific industry, state(s), tax type and issue. You can make it as granular as you prefer. This allows you to reduce information overload, and only get the information you need to help your clients or company. This service is provided on a fixed-fee or subscription basis. Contact me at email@example.com.