Not-for-profits that sell goods or services may find themselves needing to register for sales tax accounts in other states to remain in compliance.
This item summarizes the complexities of a digitalized economy for MNCs and considers the multifaceted implications to U.S. MNCs with respect to financial statements and tax reporting.
The U.S. Supreme Court recently addressed the circumstances in which a state may levy income tax on a trust that has only minimal connection to the state.
Buyers and sellers must now consider how Wayfair affects M&A tax due-diligence efforts, purchase agreement indemnities, and navigating remediation plans between the parties around prior-period exposures.
New York's Notice N-19-1 provides some guidance to remote sellers doing business in New York, but several uncertainties remain.
Proper advance planning is imperative to maximize the benefits of the TCJA provisions.
A recent Alabama Court of Civil Appeals decision held that the business model used by a prominent classroom bookseller did not create use tax nexus in Alabama during a lengthy audit period at issue .
Wayfair and the TCJA have positioned SALT issues to be a leading consideration in the overall tax landscape in the 2019 tax return preparation season.
This decision is the most significant state tax case in the past 25 years and raises new and fundamental issues.
The Supreme Court overturned its decision that required businesses to have physical presence in a state before the state could require them to collect and remit sales tax on purchases by customers within the jurisdiction.
The U.S. Supreme Court held that states can assert nexus for sales and use tax purposes without requiring a seller’s physical presence in the state.
South Dakota is challenging, and attempting to have overturned, the physical presence nexus standard for the collection of sales and use taxes.
The Supreme Court heard oral arguments in a case with broad remote sales tax collection ramifications.
Three recent cases serve as a tool for taxpayers seeking guidance on when an out-of-state corporation owning a passive ownership interest in a passthrough entity doing business in New Jersey might be found to have nexus.
This column discusses the definition of “benefits received” under the regulation for sourcing service receipts.
States are attempting to increase revenues by enacting laws that expand the definition of nexus-creating activities.
States have gotten creative and taken matters into their own hands in an attempt to collect lost tax revenue.
This column discusses compliance considerations, including nexus, taxability, and how to source the revenues from customers.
Non-U.S. taxpayers generally are surprised by the degree of complexity involved in complying with U.S. state and local taxes.
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.