The following are state tax and business developments I have curated since August 14th, and posted in the LEVERAGE SALT LinkedIn group:
Resistance is not Always Futile: New Decision in Ongoing Delaware Unclaimed Property Audit Litigation
MTC Voluntary Disclosure Initiative for Online Marketplace Sellers (i.e., Amazon FBA program)
A State Tax Administrator's Perspective on Partnership Taxation
Illinois Court Upholds Cook County’s Beverage Tax Finding It Passes Constitutional Muster and Related Developments
Webinar: August 24th - Best Practices in Achieving Obsolescence Adjustments for Complex and Commercial Properties
State Corporate Income Tax Rules for Sourcing of Revenue for Law Firms
Nationwide Sales/Use Tax Update - September 12, 2017
Credits Can No Longer Be Applied Against Oregon’s Minimum Tax
Total Solar Eclipse Won’t Black Out State Taxes
South Carolina going after Amazon (the marketplace facilitator) for not collecting sales tax on behalf of the businesses that use the marketplace to sell products to SC residents
Summary of New York Corporation Tax Legislation Enacted after the 2016-2017 Budget
New York Amendments Regarding Sales Tax Rules for Transactions between Certain Related Entities and for Purchases Made by Nonresident Businesses
Technology Company State Tax Guide from Moss Adams (Very Nicely Done)
Illinois Amends Rule Regarding Alternative Apportionment
Amazon’s Marketplace Business Isn’t a Tax Avoidance Scheme
A comparison of enterprise zone programs in Illinois, Indiana, and Wisconsin
MTC National Nexus Program Adds 2 More Participating States to Online Marketplace Seller Voluntary Disclosure Initiative
Rhode Island DOT Announces that it Will Accept Applications for Recently Enacted Amnesty Program Beginning December 1
California FTB Issues Draft Proposed New Pass-Through Entity Withholding Regulation
Minnesota Tax Court Holds that Taxpayer May Apply NOL Carryovers from an Acquired Entity to Full Extent Permitted under IRC § 382
New North Carolina Law Includes Changes to Intercompany Expense Addback Statute, Added Franchise Tax Base Deduction, and Definition of Business Income
Texas Court of Appeals Upholds Subcontractor Exclusion While Reversing and Remanding on Taxpayer COGS Methodology
Memo Explains Recent New York Law Changes on Transactions Involving TPP Resold Between Certain Related Entities
California Supreme Court Denies Rehearing in Recent Case Involving Taxation of a Transfer of Legal Entity Interests
Washington DOR Reissues Emergency Amended B&O Tax Rule on Financial Institution Apportionment to Conform with MTC Changes
Three Big Problems with Sales Taxes Today — and How to Fix Them
Should Online Platforms Collect Sales Tax For Third-Party Sellers?
The United States Of Unicorns: Every US Company Worth $1B+ In One Map
Are Remote Retailers and Marketplace Providers in the 'Path of Totality'?
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 LS 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 strahle@leveragesalt.com.
