This column discusses key aspects of a policy and procedures review from the perspective of an outside adviser.
State & Local Tax
Foreign entities not engaged in a U.S. trade or business, not deemed to have a permanent establishment, or that have claimed a federal treaty exemption may still be subject to state and local income taxes.
This column discusses pending initiatives that could seriously affect state tax business climates.
This article offers advice on how to choose between ACH credit electronic payment and ACH debit electronic payment.
Many states have narrowed the definition of "delivery" under Interstate Income Tax Act, P.L. 86-272 either through regulations or rulings.
While it is termed a “small business” deduction, larger business owners may avail themselves of it as well.
Depending on how a state's audit sample is designed and weighted, large sales and use tax audit assessments may be in error due to the sampling methodology itself.
The Supreme Court affirmed the Nevada Supreme Court’s holding that Nevada courts had jurisdiction over a California state agency.
Some payroll errors occur routinely and are a bigger concern.
This item discusses recent legislative and judicial developments from Tennessee, Vermont, and Michigan.
This item briefly explains the issue of carrying over NOLs after a merger or reorganization as applied in certain states still following the Internal Revenue Code of 1939.
This column includes examples and scenarios from different states that illustrate various sales tax treatment approaches.
This article examines the major provisions in the two bills and highlights their differences.
The Tenth Circuit held that Colorado’s sales and use tax notice and reporting law, designed to force noncollecting out-of-state retailers to report sales to Colorado customers and the state, does not violate the dormant Commerce Clause.
Congress passed the Trade Facilitation and Trade Enforcement Act of 2015, making permanent the moratorium on states and localities taxing Internet access.
This item discusses how foreign corporations that generate income from intangible assets are affected by the economic nexus rules as well as the water’s-edge rules.
The state of Nevada cannot apply Nevada law to award damages against the California Franchise Tax Board that are greater than it could award against a Nevada state agency in similar circumstances, the U.S. Supreme Court held.
Troy Lewis, chair of the AICPA’s Tax Executive Committee, testified in favor or the Mobile Workforce State Income Tax Simplification Act.
New Jersey’s Sourcing Rule for Gain on Dispositions of Interests in Flowthrough Entities Can Be a Real Deal-Killer
Stress points that often produce significant difficulties include apportionment issues stemming from the mixed entity and aggregate treatment of flowthrough entities, the attribution of nexus up and down tiered flowthrough structures, and the impact on individual owners of residency rules and unusable credits for taxes paid to other states.
Factor Presence Nexus Standards and Market-Based Sourcing: A Tough Combination for Service Businesses
The combination of factor presence nexus standards and market-based sourcing of services for sales factor purposes can have a particularly significant impact on multistate service providers.