State & Local
-
April 09, 2024
NYC Developers Blame Tax Break Loss For Apartment Slump
The foundation application filings for multifamily housing in New York City declined significantly in March, which signifies a decline that began after the city's 421-A tax break expired in June 2022, the NYC developer trade group Real Estate Board of New York stated.
-
April 09, 2024
Ohio Rep. Says Energy Taxes Could Offset Proposed Cuts
Lost revenue resulting from a bill to end Ohio's income and business receipts taxes could come from new or increased taxes on energy production, a sponsor of the legislation told a state House of Representatives panel Tuesday.
-
April 09, 2024
Ohio Justices Voice Displeasure With Woodland Deduction
Several Ohio Supreme Court justices sounded skeptical Tuesday of the state tax commissioner's valuation of a deduction for clearing woodlands that factors into assessments of agricultural properties, saying the figure appeared to be arbitrarily low.
-
April 09, 2024
Professor In Conn. Says NY Teleworker Tax Can't Reach Him
A tax professor who lives in Connecticut but teaches in New York worked at home under mandate during the COVID-19 pandemic and none of his income during that time can be subject to New York's teleworker tax, he told the state Tax Appeals Tribunal on Tuesday.
-
April 09, 2024
Pittsburgh Schools Sue To Force Countywide Reassessment
The school district serving the city of Pittsburgh has filed a lawsuit in state court to compel Allegheny County to conduct a countywide reassessment of real estate values, arguing that taxation starting from a 12-year-old base level is putting homeowners in some neighborhoods at an unfair and unconstitutional disadvantage.
-
April 09, 2024
Tenn. House OKs Broader Sales Tax Break For Data Centers
Tennessee would expand a sales and use tax exemption for qualified data centers under a bill passed by the state House of Representatives.
-
April 09, 2024
Ohio House Bill Seeks To End Double Taxation Of Deliverers
Companies that deliver goods in Ohio, such as UberEats and Instacart, would be able to obtain a waiver to opt out of being considered a seller in order to avoid double taxation under a bill introduced Tuesday in the state House Ways and Means Committee.
-
April 09, 2024
Tenn. House OKs Corp. Tax Change, $800M In Rebates
Corporations operating in Tennessee could be eligible for about $800 million in rebates for past tax payments along with reduced liabilities going forward under legislation approved by the state House of Representatives.
-
April 09, 2024
Trump Loses 2nd Appellate Bid To Pause NY Criminal Trial
A New York state appellate judge refused Tuesday to delay Donald Trump's upcoming criminal hush-money trial while the former president challenges a gag order, just one day after a different appeals judge declined to halt the trial due to supposed jury pool bias.
-
April 09, 2024
Biz Group Looks To Sink NY's Tax Rule For Internet Activities
A New York regulation outlining when certain online activities by out-of-state businesses exceed a federal law's protections against state income taxes unconstitutionally narrows the law's scope, the American Catalog Mailers Association said Tuesday in announcing a complaint filed in New York state court.
-
April 08, 2024
NRA, LaPierre, Execs Seek To Ax $6M Misconduct Verdict
The National Rifle Association, its longtime CEO Wayne LaPierre and two other executives asked a New York judge to throw out a Manhattan jury's verdict that they improperly used donor money, among other misconduct, and owe the gun rights group a total of $6.4 million.
-
April 08, 2024
No Tax Cuts Or Hikes In Va. Budget, Youngkin Now Says
Virginia would have neither tax cuts nor tax increases in the next biennial budget under an updated plan released Monday by Gov. Glenn Youngkin, who said he knew he must compromise with the Democratic-run General Assembly.
-
April 08, 2024
Vermont Senate Receives New Top Income Tax Rate Bill
Vermont would create a top income tax rate of 11.75% under a bill passed by the state House of Representatives and sent to the state Senate.
-
April 08, 2024
Minn. Retroactively Delays Cut To NOL Deduction
Minnesota is retroactively delaying a cut to its maximum income tax deduction for net operating losses under legislation signed into law Monday, correcting an error in a tax package enacted last year.
-
April 08, 2024
RI Bill Would Expand Tax Break For Renewable Energy Items
Rhode Island would expand a sales tax exemption for renewable energy products under a bill introduced in the state Senate.
-
April 08, 2024
Va. Will Allow Installment Agreements For 'Omitted' Taxes
Virginia will allow local officials to create installment agreements for those assessed taxes that should have been assessed in previous years, under a bill signed by Gov. Glenn Youngkin.
-
April 08, 2024
Trump Can't Move Hush Money Trial, NY Appeals Judge Says
A New York appellate judge on Monday denied Donald Trump's request to halt his upcoming hush money trial due to what the former president cast as a hopelessly biased jury pool in Manhattan, as he awaited a hearing on his separate bid to lift a gag order.
-
April 08, 2024
Tenn. Extends Counties' Ability To Hire Collection Agents
Tennessee removed the sunset date on a law that allows county trustees to hire collection agents to collect delinquent tangible personal property taxes under a bill signed by the governor.
-
April 08, 2024
Md. Lawmakers OK Tobacco Tax, Vehicle Fee Boosts
Maryland smokers and motorists would pay about $453 million in additional taxes and fees in the next fiscal year under a $63 billion budget approved by lawmakers and heading to the governor.
-
April 05, 2024
Parents Seek Justices' Review Of Private School Funding Law
Five Michigan families want the U.S. Supreme Court to hear their challenge to a Michigan constitutional provision that they say prevents them from using tax-advantaged education savings accounts to pay for religious school tuition, alleging the law amounts to religious discrimination.
-
April 05, 2024
Arizona Loses Bid To Bar Federal Tax On One-Time Rebates
A federal court declined Friday to bar federal taxation of Arizona's one-time state tax rebates issued last year, rejecting the state's move for a preliminary injunction against the Internal Revenue Service.
-
April 05, 2024
Iowa Senate Panel OKs Tax Withholding On Sports Betting
Iowa would levy the state's income tax on winnings from sports betting as part of a bill advanced by the Senate Ways and Means Committee.
-
April 05, 2024
NH Revenues Through March Outpace Forecast By $104M
New Hampshire's general fund receipts were higher than budget estimates by $104 million from July through March, according to a monthly report by the state Department of Administrative Services.
-
April 05, 2024
Colo. Expands Quarterly Sales Tax Filing To More Taxpayers
Colorado will allow the state Department of Revenue to authorize quarterly sales and use tax filings for more taxpayers under a bill signed by the governor.
-
April 05, 2024
Disney, Eatery Co.'s Escheat Win 'Illogical,' Mich. Justices Told
Michigan's treasurer asked the state Supreme Court on Friday to find that audits of Disney and a restaurant company paused the statute of limitations to require them to turn uncashed checks over to the state, calling lower court rulings in the companies' favor "illogical."
Expert Analysis
-
Va. Tax Nixed, NJ Shoplifter Targeted: SALT In Review
From a tax declared unconstitutional in Virginia to a New Jersey prosecutor's attempt to include sales tax in a shoplifting charge, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
-
Midterm Cannabis Results Remind That Progress Is Not Linear
It may appear odd that the majority of state proposals for adult-use cannabis failed in November’s midterm elections when legalization is polling at an all-time high, but history moves in fits and starts, and there are clearly still some blind spots and hidden variables affecting voter perceptions, say Whitt Steineker and Mason Kruse at Bradley Arant.
-
Wash. B&O Tax Proposal Is A Step In The Right Direction
The Washington Tax Structure Work Group’s proposal to swap the state’s problematic business and occupation tax for a Texas-style margins tax is far from a perfect solution, but it has opened the door for a long-overdue conversation about B&O tax changes that would provide much-needed administrative relief, says Nikki Dobay at Greenberg Traurig.
-
This Year's Top 10 Developments In State And Local Tax
Attorneys at Grant Thornton rank the 10 biggest state and local tax issues of 2022, including the adoption of state pass-through entity taxes, Maryland's digital advertising tax and American Rescue Plan Act litigation.
-
What To Expect In 2023: SALT In Review
Starting with predictions for the coming year, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
-
Texas Tax Talk: What To Know About The Prefiled Bills
Many of the Texas tax bills prefiled ahead of the state's January 2023 legislative session predictably reduce property tax, but it remains unclear how online sales tax sourcing will be addressed, and an expiring school district property tax incentive program will be reimplemented, say Matt Larsen and Alison Andrews at Baker Botts.
-
Tax Cuts In Both Dakotas: SALT In Review
From tax-cut proposals in the Dakotas to a New Mexico artist who tried to represent himself, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
-
Kentucky Tax Talk: Where Art Thou Kentucky Amnesty?
Attorneys at Frost Brown unpack the reasons why Kentucky's tax amnesty program never got off the ground this year, why implementation in 2023 won't be impeded by similar hurdles and how administration of the program may affect other Department of Revenue services once it gets going.
-
5 Proof Of Domicile Takeaways From Calif. Tax Appeals Ruling
The California Office of Tax Appeals' recent Beckwith decision, which boiled down to a dispute over when a taxpayer moved from Tennessee to California for income tax purposes, provides valuable lessons on the evidence needed to establish the ties and intent that underlie tax domicile and residence, says Eric Coffill at Eversheds Sutherland.
-
The Tax Comity Doctrine And Other Oddities: SALT In Review
From the little-known tax comity doctrine to governments' continuing pursuit of streaming services, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
-
State AGs Are Realizing Power Of False Claims Statutes
State attorneys general appear to be ramping up investigations, prosecutions and interventions using long-underappreciated state and municipal false claims statutes, and early indications signal an increasing focus on cybersecurity misrepresentations, private equity firms' misconduct and securities fraud, say attorneys at Troutman Pepper.
-
Foreign Tax Credit Proposal Is Some Help, But More Is Needed
New foreign tax credit regulations proposed by the U.S. Treasury Department provided some measure of relief on cost recovery and royalty withholding, two of the most troublesome aspects of the 2021 final foreign tax credit regulations, but the final regulations are still harmful to many taxpayers, making litigation inevitable, say attorneys at Fenwick.
-
Expect Seamless Transition To Controversial Ariz. Flat Tax
The unexpectedly early implementation of Arizona's new 2.5% flat income tax rate in January should be a painless and welcome change for individual taxpayers, even as the long-term impact on state and local economies is the subject of debate, say Karen Jurichko Lowell and Pat Derdenger at Lewis Roca.