State & Local Tax (SALT)

Topics

August 1, 2007

Change in Ohio Residency Rules

Editor: Anthony S. Bakale, CPA, M.Tax. There may be a lot more incentive to becoming a resident of a state like Florida than just the weather. While at times the weather may be enough of an incentive, the potential state tax savings can be even greater. Higher-income-tax states like Ohio

June 1, 2007

Economic Nexus and the Uncertainty of Quill’s Physical-Presence Test

Editor: Mary Van Leuven, J.D., LL.M. In March 2007, two petitions for certiorari were filed with the U.S. Supreme Court that, if granted, could potentially decide one of the most important unanswered questions facing state taxpayers. That question involves the issue of economic nexus—specifically, whether it is Constitutional for a

June 1, 2007

Sourcing Service Receipts

Co-Author: Deborah Rood, CPA, MST Past items in TTA have discussed state taxation of service providers. However, with the advent of telecommuting and the explosion of electronic commerce, “sourcing” a taxpayer’s receipts to a particular state has become much more challenging. While the terms “duty days” and “games played” have

April 1, 2007

Acquiring Property? Remember Sales Tax Due Diligence

Co-Editors: Michael Metz, CPA; Nick Gruidl, CPA, MBT As the mergers and acquisitions market continues to heat up, so should the scrutiny of sales tax in the due diligence review. Unlike income tax, sales tax is transaction-based and applies to sales, regardless of whether the company is in a profit

April 1, 2007

Current Corporate Income Tax Developments (Part II)

This two-part article discusses myriad recent state tax activities in the corporate income tax area. Part II addresses apportionment, unitary groups/filing methods, administration and other significant issues.