The following are state tax and business developments I have curated since November 8, 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.
$100 Million Available During Second Application Period in the California Competes Tax Credit Program’s Final Year
Tennessee Issues Notice on Intangible Expense Deduction
VERMONT BULLETIN: Corporate and Business Income Tax Nexus, Filing Requirements, and Minimum Tax Liability
Corporate Close-Up: Impending Federal Tax Reform and its Rippling Effect on State Corporate Taxation
Incentives Watch: Federal Tax Reform Pumps the Brakes on Electric Car Incentives; States Zoom Ahead
SALT Implications of the House and Senate Tax Reform Bill
Colorado Court of Appeals Held that Out-of-State Holding Company is Not Included in Combined Report
Watch Your Step: New York City Real Property Transfer Tax Imposed Under Step Transaction Doctrine
New California Office of Tax Appeals Discusses Emergency Regulations
Nice resource/summary for Tennessee taxes
Tennessee sales tax guide by TaxJar for online sellers
Rhode Island Division of Taxation Launches Website for Upcoming Amnesty Program that Begins December 1
Minnesota DOR Acquiesces to Recent Tax Court Ruling Involving NOL Carryovers and IRC § 382 Limitation
California FTB Issues Proposed Rule Changes on the Apportionment and Allocation of Partnership Income for Corporate Tax Purposes
Colorado Appellate Court Affirms that Foreign Subsidiary is Not Required to be Included on Combined Return
Oregon DOR Proposes Various Administrative Rule Changes, Including Reflection of New Law that Implements Market-Based Sourcing on Sales of Non-TPP
Colorado DOR Issues Compliance Guidance on Some Remote Seller Notice and Reporting Requirements
Mississippi DOR Adopts New Rule Requiring Some Out-of-State Sellers with Substantial Economic Presence to Collect Use Tax on In-State Sales
August 3 Enforcement Date Added to Recent Pennsylvania Ruling Holding that Certain Online Information Retrieval Products Constitute Taxable TPP
The Still-Rising Tide - Will Investment Managers Be Swept Up in State Income Tax Trends
Ohio Department of Taxation Launches Amnesty Program Website
Amended Regulations Reflect Recent Montana Law Changes that Expand Waiver of Composite Return or Withholding for Domestic Second-Tier Pass-Through Entities
Tennessee DOR Explains Updated Requirements for Claiming Intercompany Intangible Expense Deduction
Vermont Department of Taxes Issues Draft Nexus Bulletin - Comments Must be Received by December 8
Tennessee DOR Holds that True Object of Subscriptions for Cloud-Based Scheduling Services is Taxable Remotely Accessed Software
AB 398 expands California’s partial sales and use tax exemption
Illinois EDGE tax credit program restored
Local Policy Digest
EY State income and franchise tax Quarterly update
Ernst & Young LLP Sales and Use Tax Quarterly Update
New York income tax withholding audits on the rise
Coping with the tax challenges of relocation and mobility
California OTA stakeholder meeting to comment on draft emergency regs
State tax implications of federal tax reform: Repatriation toll charge
State tax implications of federal tax reform: Interest expense deduction limitations
State tax implications of federal tax reform: Full expensing
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 strahle@leveragesalt.com.