30 State Tax & Business Developments You May Want to Know - August 2, 2017

The following are state tax and business developments I have curated since July 27th, and posted in the LEVERAGE SALT LinkedIn group:

1. If you are not using checklists, what are you waiting for?

2. New York Petitioner asks whether its "Cloud Collaboration Service" is subject to sales tax and whether it owes any sales or use tax on its purchase of hardware and software.

3. YOUR SOURCE FOR ILLINOIS INCOME TAX GENERAL INFORMATION LETTER RULINGS

4. YOUR SOURCE FOR ILLINOIS SALES TAX GENERAL INFORMATION LETTER RULINGS

5. YOUR SOURCE FOR TENNESSEE TAX RULINGS

6. Comments on Today’s Joint Statement on Tax Reform

7. Testimony: The Role of Congress in State Taxation

8. Hawaii Hikes Income Taxes to Pay for Earned Income Credit

9. Governor Signed 2017–2019 Washington State Operating Budget and Compromise Legislation

10. MTC Nexus Committee Considering Voluntary Disclosure Proposal for Online Sellers with Inventory

11. New Hampshire Releases Reference Guide for Changes to Business Profits Tax and Business Enterprise Tax

12. DC Emergency Legislation Codifies Unincorporated Business & Franchise Tax Rate Reductions

13. Subcommittee within House Judiciary Committee Discusses Proposed Legislation that Would Codify a Physical Presence Nexus Standard

14. Colorado DOR Issues Proposed Amended Remote Seller Notice and Reporting Regulation

15. Virginia Department of Taxation Rulings Reflect New Law Requiring Remote Sellers with In-State Inventory to Register and Collect Tax on In-State Sales

16. New Hampshire DOR Administration Holds Proposed Merger Involving LLCs is Not Exempt from Transfer Tax

17. Washington DOR Explains How Credit Card Processors Measure Gross Income from Processing Credit Card Transactions for Business and Occupation Tax Purposes

18. California FTB Issues Guidance on Eligibility for OSTC when Filing a Composite Return in a Reverse Credit State

19. Director’s Update on Nexus Law Developments since December 13, 2016

20. Nexus Program Director’s Update on Significant Nexus Law Developments Since March 9, 2017

21. Consideration and possible action on Report (including draft agreement form) from closed session teleconference meetings held on April 18, May 16, June 20, and July 18, 2017 regarding time-limited vol

22. National Nexus Program (NNP) Director’s Report for FY 2017

23. Implications of Federal Partnership Audit Rules for State and Local Taxation

24. SALT Alert! 2017-14: Washington State: Sales and Use Tax Economic Nexus/Use Tax Notice Bill Enacted

25. California: Additional Guidance on California Competes Tax Credit and Market-Based Sourcing

26. INDIVIDUAL INCOME TAX INSIGHTS: DOMICILE IS IN THE DETAILS

27. CORPORATE CLOSE-UP: FEDERAL TAX REFORM PROPOSALS MAKE STATES LOOK IN THE MIRROR

28. Unfair Apportionment: Consider the Alternatives

29. Procedural State Tax Issues: Part I Finding the Best Forum

30. Procedural State Tax Issues: Part II Coordinating Multistate Litigation

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 subscription basis. Contact me at strahle@leveragesalt.com.

20 State Tax & Business Developments You May Want to Know - July 27, 2017

The following are state tax and business developments I have curated since July 25th, and posted in the LEVERAGE SALT LinkedIn group:

1. UPCOMING WEBINAR: Indirect tax and the Internet of Things: Where could convergence impact your organization?

2. New bill would stymie state taxation of online sales

3. California Supreme Court Increases the Cost of M&A Deals in Expansive Real Estate Transfer Tax Decision

4. Pa. Senate could revisit budget Wednesday

5. Georgia Senators Reviewing Corporate, Personal Tax Breaks

6. Is your firm filled with open-minded people?

7. Vanilla. Tastes good, but it’s a bad way to market.

8. Oregon Passes First-in-Nation Statewide "Predictive Scheduling" Law

9. Key Property Tax Appeal Dates: July, August, and September Deadlines

10. States Clear Path for Truck Platooning: First Step to Fully Autonomous Vehicles

11. The Middle Market Reports Solid Growth in Q2 2017

12. The New Age of Cyber Crime

13. Circle of Outsiders

14. 2017 WORLD'S MOST COMPETITIVE CITIES

15. Texas - Economic Development Guide

16. COST Issues Letter of Amicus Curiae in North Ardmore v. County of Los Angeles (Real Estate Transfer Tax

17. THE STATE OF FEDERALISM TODAY

18. State Legislatures Magazine - check out this site (interesting)

19. State Rundown 7/27: State Legislative Debates Winding Down but Tax Talk Continues

20. Trump Administration, Republican Congressional leaders release statement on tax reform goals

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 subscription basis. Contact me at strahle@leveragesalt.com.

24 State Tax & Business Developments You May Want to Know - July 25, 2017

The following are state tax and business developments I have curated since July 21st, and posted in the LEVERAGE SALT LinkedIn group:

1. Seattle Passes Municipal Income Tax; It is Almost Certainly Illegal

2. State Inheritance and Estate Taxes: Rates, Economic Implications, and the Return of Interstate Competition

3. Local Policy Digest

4. NEW State and Local Taxation Certificate in the Graduate Tax Program at Villanova University!

5. Colorado Will Require Use Tax Reporting Starting July 1 2017

6. Register today for Georgetown Law's 2017 Advanced State and Local Tax Institute (July 27-28)

7. Maine Enacts Economic Nexus Provisions for Sales Tax Purposes

8. Commonwealth Court Rules in Favor of Taxpayer in Case Involving Scope of “Building Machinery and Equipment” Exemption

9. Eversheds Sutherland SALT Scoreboard Publication - Second Quarter 2017

10. WEEKLY ROUND-UP: MARIJUANA, OIL AND GAS, AND OTHER EXCISE TAX DEVELOPMENTS

11. CORPORATE CLOSE-UP: MID-YEAR CRISIS? ILLINOIS RAISES ITS CORPORATE INCOME TAX

12. Memo to Politicians: Bargaining for an Amazon Warehouse? Turn the Tables!

13. House Judiciary Posts Witnesses for Digital Sales Tax Hearing

14. Marvel Nabs $21M in California Tax Credits for ‘Captain Marvel’

15. JULY 26 WEBINAR: REGISTER NOW for Q2 ‘17 Middle Market Indicator

16. Private Equity Special Report: 10 young and thriving firms worth watching

17. Comprehensive Tax Reform

18. A Repatriation Tax on Foreign Income of US-Based Multinational Corporations

19. Number of Approved State Tax Credits Expected to Double in 2017

20. State expands research and development tax credits for machinery purchases

21. Minimize State and Local Tax with Negotiated Credits & Incentives

22. State and Local Tax Roundup: Retail and Consumer Industry

23. UPDATE: The Delaware Secretary of State Releases the Final Version of its Estimation Regulations With No Substantive Changes

24. The Court of Appeals of Iowa Rules An Out-of-State Intangible Holding Company Was Not Doing Business In Iowa

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 subscription basis.

46 State Tax & Business Developments You May Want to Know - July 21, 2017

This week I started curating state tax and business developments from a variety of sources into one spot, the LEVERAGE SALT LinkedIn group. Many people have contacted me and said they find it very useful. So I will continue to do so by posting a state tax update blog post every week. To clarify, I will post state tax and business developments daily to the LEVERAGE SALT LinkedIn group. Every week (maybe more than once a week) I will write a blog post summarizing those developments that I posted to the LEVERAGE SALT LinkedIn group with links to the posts. 

The following are state tax and business developments I have curated since July 18th, and posted in the LEVERAGE SALT LinkedIn group:

1. Internet Access Exempt from Washington Sales Tax

2. Washington B&O Tax Extends to Speculative Builders

3. Do you owe TN sales tax on cloud-based software?

4. Will federal tax reform make state tax nexus even more important?

5. The ImpACT of the Tennessee IMPROVE Act

6. Summary of Illinois Income Tax and Sales Tax Changes from P.A. 100-0022

7. Illinois Withholding Tax Rate and Personal Exemption Amount Changes

8. Illinois Income Tax Increase Guidance - Detailed Instructions For Filing Your 2016 Illinois Income Tax Return and 2017 Estimated Payments

9. Incentives Watch: ‘Back to School, Back to School’ in Georgia—Scholarship Tax Credits Have Been Ruled Legal, Too

10. Indiana – Gain from subsidiary sale is nonbusiness income; interest expense allowed for payments accrued but not paid

11. FREE WEBINAR TODAY: Legislative and Taxation Updates in Communications and Cloud Industries

12. Advancing Your Investment Opportunity through NMTC, HTC, and Traditional Incentives

13. What Did the Washington State Legislature Do to Us This Time?

14. Personal Property Tax Audits and Appeals – Coast to Coast

15. 2017 Louisiana Legislative Session Recap

16. Conferences: Not Lobbying Free-for-alls

17. Hawaii Revises Government Ethics Laws

18. State Rundown 7/19: Handful of States Still Have Their Hands Full with Tax and Budget Debates

19. States in crisis: Embroiled in the worst budget battles since the Great Recession

20. America's Top States for Business 2017: The full list

21. On the move: Biggest winners and losers in states' battle to lure corporations, jobs

22. Middle-Market Public Policy Roundup

23. The National Center for the Middle Market’s Q2 ‘17 Middle Market Indicator

24. Starbucks, Anthem Awarded Slice of $7M in Nevada Tax Relief

25. Investment Entities Owning Property Purchased Outside the United States Face Double Taxation Under Amended New York Law

26. DuPont Mostly Prevails in $800K Indiana Income Tax Case

27. The Impact of Federal Tax Changes on States

28. Unfair Apportionment: Consider the Alternatives | Tax Executive

29. Kentucky:Amazon Delivers $1.5-Billion Package to Kentucky | Site Selection Magazine

30. California: Innovation Works | Site Selection Magazine

31. Indiana: Indiana Claims Factory Belt Title | Site Selection Magazine

32. Iowa: How to Make $3 Billion | Site Selection Magazine

33. Iowa: A Complete Business Cycle | Site Selection Magazine

34. Manufacturing Innovation Center To Open in ’17 | Site Selection Magazine

35. Minnesota: North Star Manufacturers ‘Optimistic’ | Site Selection Magazine

36. New England: Punching Above Their Weight | Site Selection Magazine

37. Tennessee Grants and Tax Credits

38. Seattle City Council Passed Legislation Imposing a 2.25% Income Tax on Select Residents

39. How High Are Individual Income Tax Collections in Your State?

40. Potential state tax consequences of federal corporate tax reform | Deloitte US

41. The DC qualified high-technology company program: Recent developments

42. California Chief Counsel Ruling on the Application of Market-Based Sourcing Rules to Non-Marketing Services

43. Michigan Department of Treasury Discusses Implications of Concluded Multistate Tax Compact Election Litigation

44. Texas Comptroller Discusses Policy Changes Regarding Temporary Credit for Business Loss Carryforwards

45. Connecticut Department of Revenue Services Apparently Enforcing Economic Nexus Standard on Some Remote Sellers

46. Georgia Department of Revenue Amends Administrative Rule on Manufacturing Exemption

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. Clients hire LS to curate information for multiple specific items on a daily basis. This service is provided on a subscription basis.

23 State Tax & Business Developments You May Want to Know - July 18, 2017

The following are state tax developments and commentary I have curated for today and posted in the LEVERAGE SALT LinkedIn group that you may find helpful:

1. The Ideal Federal Tax Rate? 21%

2. Welcome to the Wild, Wild West Where the States Have All the Guns!

3. Missouri ‘Suddenlink’ Decision Raises Questions Regarding Impact of 2016 and 2017 Legislation

4. Florida Passes Data Center Sales Tax Exemption

5. Delaware DOF Delays Adoption of Estimation Regulations as DOS Adopts Final Regulations

6. New York Significantly Steps up Audit Enforcement while Increasing Incentives for Voluntary Compliance

7. Sales Tax Slice: Following DMA v. Brohl, More States Require Out-of-State Sellers to Report Customers’ Purchases

8. Weekly Round-Up: Online Marketplaces, Remote Retailers and Digital Sales

9. Corporate Close-Up: Oregon Joins Montana in the Trend towards Market-Based Sourcing

10. FY 2018 BUDGET STATUS (for 50 States)

11. Why a Border Adjustment Tax Would Be a Bad Deal for States and Localities

12. THE BEST AND WORST OF STATE TAX ADMINISTRATION COST SCORECARD ON TAX APPEALS & PROCEDURAL REQUIREMENTS

13. 2017 STATE TAX AMNESTY PROGRAMS

14. Testimony before the Arkansas Tax Reform and Relief Task Force

15. COST’s Opposition to S.B. 1548 (“Accurate Reporting of Corporate Profits”/Mandatory Worldwide Combined Reporting)

16. Kansas Learned Its Lesson, But Will Other States?

17. State Inheritance and Estate Taxes: Rates, Economic Implications, and the Return of Interstate Competition

18. Partnership Taxation - A State Tax Administrator's Perspective

19. State Corporate Income Taxes and the Effect on European Taxes

20. UDITPA Sec. 18 Regulatory Project Work Group Meeting

21. Nexus Committee Meeting

22. Use Tax Information Reporting Work Group

23. Partnership Work Group Meeting

If you like the curating of state tax developments into one spot (regardless of firm), but 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. The client can make it as granular as they prefer. Clients hire LS to curate information for multiple specific items on a daily basis. Unlike getting updates on a publisher's research platform, LS custom curation will provide updates from multiple sources including accounting firms, law firms and state websites. This service is provided on a subscription basis.

21 State Tax & Business Developments You May Want to Know - July 17, 2017

During the past few weeks, state legislatures ended their sessions with many changes and many problems left unanswered. I've also been traveling lately for work and personal reasons, and haven't posted in a while. To make up for it and provide some useful information, I posted several tax developments in the LEVERAGE SALT LinkedIn group that you may find helpful:

1. State Tax Changes Taking Effect July 1, 2017
2. Sales and Use Tax Compliance Legislation was a Big State Tax Trend This Year
3. State and Local Sales Tax Rates, Midyear 2017
4. Ten States Begin FY2018 Without Budget In Place
5. State Rundown 7/11: Some Legislatures Get Long Holiday Weekends, Others Work Overtime
6. Should the Corporate Rate and the Pass-Through Rate Be Identical?
7. With Veto Override, Illinois Legislature Abandons Reform Efforts
8. Important Announcement from the California Department of Tax and Fee Administration, Formerly Part of the California State Board of Equalization
9. $75 Million Available During the First Application Period in the California Competes Tax Credit Program’s Final Year
10. What Is Minimal Substantial Nexus?
11. Illinois Passes a Budget, But it's No Time to Celebrate
12. State Tax Quarterly Insights April to June 2017
13. Illinois – Corporate rate increase, repeal of separate unitary groups for certain industries, R&D credit retroactively reinstated, IRC 199 addback required, and other tax changes
14. Tax Changes Implemented As Part of Revenue Package Supporting Illinois Budget
15. North Carolina Legislature Overrides Governor Veto of Budget Bill
16. Should Corporations Pay Higher State Income Tax? Are Corporations Paying a Small % of State Income Tax Because of Credits & Incentives?
17. Oregon Adopts Market Based Sourcing
18. New Ohio Law Includes Amnesty Program with Potential 100 Percent Penalty Waiver and 50 Percent Interest Waive

19. A Closer Look at NY Draft Proposed Regulations under Article 9-A Business Corporation Franchise Tax Under Subpart 3-9 - Computation of the UNOL

20. Illinois 2017–2018 state budget bill enacted | Deloitte US

21. Ohio fiscal year 2018–2019 budget bill enacted | Deloitte US