A lack of state rulings on its constitutionality has not slowed the number of states adopting the factor presence nexus theory of asserting taxing authority.
State and Local Tax
Policies to curb consumption of sugary soft drinks spur wave of new excise taxes.
A business can avert potential disasters by engaging an external review of its sales and use tax management and compliance responsibilities.
The AICPA leads effort to promote state-level uniformity.
These tips will help practitioners manage the professional liability risks stemming from state and local tax issues.
Troy Lewis, chair of the AICPA’s Tax Executive Committee, testified in favor or the Mobile Workforce State Income Tax Simplification Act.
The court held that the law does not discriminate against out-of-state retailers.
Thursday, the Senate approved a bill making the Internet Tax Freedom Act’s ban on state and local taxes on internet access permanent.
Lack of a state tax credit for a ‘county’ tax is held to violate the dormant Commerce Clause.
Refundable state income tax credits designed to promote economic development are taxable income to the recipients.
The U.S. Supreme Court held that federal law does not prevent a trade association from suing Colorado to prevent enforcement of a law that requires out-of-state retailers to report sales to Colorado purchasers.