State & Local

  • November 18, 2021

    Fla. Bill Would Raise Cap On R&D Credits

    Florida would raise its yearly aggregate cap on the amount of business income tax credits available for research and development from $9 million to $50 million under a bill filed in the state Senate.

  • November 18, 2021

    Ill. To Offer Tax Breaks For Electric Car Producers

    Electric vehicle manufacturers in Illinois that hit certain job creation and investment benchmarks can receive income tax credits for up to 15 years under a bill signed by the governor.

  • November 17, 2021

    New Mexico Gov. Floats Statewide Cut To Receipts Tax

    New Mexico's governor on Wednesday announced a statewide cut in gross receipts taxes for the first time in decades as one of her signature agenda items for the upcoming 2022 legislative session.

  • November 17, 2021

    Grants From State COVID Recovery Funds Taxable, IRS Says

    Grants paid to employees and some other payments from state and local coronavirus recovery funds must be included in taxable income, the Internal Revenue Service said Wednesday in a set of answers to FAQs on the funds.

  • November 17, 2021

    Casino Concert Tickets Not Taxable, Pa. Justices Rule

    Concert tickets given away as perks to slot machine players at a Pennsylvania casino are "personal property" and thus not taxable as part of the casino's revenue, the Pennsylvania Supreme Court ruled Wednesday, upholding a lower court decision.

  • November 17, 2021

    Contrast In GILTI Plans, Int'l Tax Deal May Muddle Compliance

    The latest changes to U.S. House Democrats' international tax plans align their proposal further with the Organization for Economic Cooperation and Development's global tax deal, but differences in how the two regimes may operate could complicate companies' compliance efforts.

  • November 17, 2021

    Ohio Tax Amnesty Bill Clears House Tax-Writing Committee

    An Ohio bill seeking to establish a broad tax amnesty program next year to assist taxpayers who faced financial struggles during the coronavirus pandemic cleared the state's House Ways and Means Committee.

  • November 17, 2021

    NY Clarifies Eligibility For $35M Restaurant Credit Program

    New York clarified the implementation of its $35 million tax credit program for restaurants that hired new employees after suffering financially during the coronavirus pandemic in a rule posted in Wednesday's state register. 

  • November 17, 2021

    Gibson Dunn Snares 3 Tax Pros From Morgan Lewis

    Gibson Dunn & Crutcher LLP has nabbed a group of three tax experts from Morgan Lewis & Bockius LLP to join its office in Washington, D.C.

  • November 17, 2021

    NJ Housing Complex's Value Properly Raised, Court Rules

    A New Jersey housing complex for Rutgers students properly had its assessment increased from $1.5 million to $3 million, a state appellate court ruled Wednesday, upholding a state Tax Court decision.

  • November 17, 2021

    California Posted Record Taxable Sales In Q2

    California experienced more taxable sales in the second quarter of 2021 than in any quarter ever, the state's tax department said.

  • November 17, 2021

    Akerman Brings On Tax Partner In Chicago

    Akerman LLP added a partner with longtime experience in state, local and international tax issues, further bolstering its tax practice group in Chicago.

  • November 16, 2021

    Calif. Panel Says Title Insurer Owes Sales Tax On Leases

    A California appeals court said the state can require a title insurance company to pay sales tax on office equipment leases even though title insurers usually pay an annual tax on certain income in lieu of all other taxes.

  • November 16, 2021

    La. Online Sales Tax Lawsuit Puts Other States On Notice

    A recent complaint alleging Louisiana's decentralized sales tax system presents unconstitutional compliance burdens for online sellers could be an ideal test case to further define limitations on state and local taxing authority under the U.S. Supreme Court's Wayfair ruling.

  • November 16, 2021

    Lawmakers, Observers Seek More Opportunity Zone Oversight

    The federal opportunity zone program needs stronger oversight and better targeting so that poor communities get a bigger slice of investments, lawmakers and panelists said Tuesday at a House Ways and Means Oversight Subcommittee hearing.

  • November 16, 2021

    DC Judge To Rule Soon On Trump's Tax Disclosure Suit

    A D.C. federal judge said during a hearing Tuesday that he will soon rule on whether to dismiss former President Donald Trump's latest attempt to prevent disclosure of his individual and business tax returns to a U.S. House committee.

  • November 16, 2021

    Calif. Cannabis Taxes Don't Apply To Some Trade Samples

    California's cultivation and cannabis excise taxes will not apply to some cannabis or cannabis product trade samples transferred between license holders after legislation was enacted, the state Department of Tax and Fee Administration said. 

  • November 16, 2021

    NC Gov. Says He'll Sign Budget That Phases Out Corp. Tax

    North Carolina, which already had the lowest rate of all states that levy a corporate income tax, would phase it out entirely by the end of the decade under a budget plan the governor said Tuesday that he would sign.

  • November 16, 2021

    Weil Adds Ex-Linklaters Tax Partner To NY Office

    Weil Gotshal & Manges LLP added a New York-based partner to its global tax practice who focuses on federal income tax issues and investment funds, the firm announced.

  • November 16, 2021

    Greenberg Traurig Adds Tax Pro In Chicago

    Greenberg Traurig LLP brought on a former Kirkland & Ellis LLP partner who's experienced in the tax aspects of complex business transactions to the firm's tax practice in Chicago.

  • November 16, 2021

    NJ Bill Would Expand Digital Media Production Credit

    New Jersey would increase the amount of income tax credit that could be claimed for digital media content production expenses and the credit's annual cumulative limit under a bill introduced in the state Assembly.

  • November 16, 2021

    North Dakota Will Exempt Social Security Income From Tax

    North Dakota will exempt Social Security income from state income tax and allow individuals and married couples filing jointly to claim an income tax credit under bills signed by the governor.

  • November 16, 2021

    NJ Bill Would Make Towns Refund Property Tax Overpayments

    New Jersey would require municipalities to refund taxpayers for overpayments of property tax liabilities under a bill introduced in the state Assembly.

  • November 16, 2021

    NJ Bill Would Allow Deduction For Newspaper Subscriptions

    New Jersey residents who subscribe to a state-based newspaper could claim an income tax deduction under a bill introduced in the state Assembly.

  • November 16, 2021

    North Dakota Will Impose Gaming Tax On Some Raffle Proceeds

    North Dakota will impose a 1% gaming tax on raffles with adjusted gross proceeds over $50,000 under a bill signed by the governor. 

Expert Analysis

  • Alcohol Taxation Provides Good Model For Cannabis Taxes

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    Although the alcohol taxation system isn't perfect, it could serve as a useful template for cannabis taxation with a three-tier licensing scheme and tax rates based on potency, says Louis Terminello at Greenspoon Marder.

  • How NY's Cannabis Legalization Act Prioritizes Equity

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    Elements of New York's recently passed Marijuana Regulation and Taxation Act, such as its prohibition of vertically integrated operators, show consideration for social and economic equity in the new industry, says Simon Malinowski at Harris Bricken.

  • High Court Hotels.com Case Could Alter Appellate Strategy

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    If the U.S. Supreme Court upholds the Fifth Circuit in the upcoming San Antonio v. Hotels.com case, ruling that district courts may not amend taxable appellate costs, it could reprioritize the incentive structure and decision-making calculus of appeals, says Patrick Hammon at McManis Faulkner.

  • NY Data Tax Bill Would Create Practical, Policy Hurdles

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    A recently proposed New York bill would impose an excise tax on commercial data collectors, raising implementation, record-keeping and tax pyramiding concerns for companies, say attorneys at BakerHostetler.

  • Ohio Tax Talk: Ensuring A Nonprofit's Property Tax Exemption

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    A recent Ohio Board of Tax Appeals decision, Dayton Raiders Facilities v. McClain, should put nonprofit organizations on notice that it is the taxpayer's burden to show that the property for which a tax exemption is sought is being used exclusively for a charitable purpose, say Christopher Tassone and Edward Rivin at Frost Brown.

  • 3 Key Improvements To Maryland Pass-Through Entity Tax

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    Attorneys at Venable explain how three recent changes to Maryland's 2020 pass-through entity tax legislation simplify the ability to elect for entity-level taxation and circumvent the $10,000 limit on the federal deductibility of state and local taxes.

  • NY Settlement Highlights Growing Risk Of FCA Tax Claims

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    Sandell Asset Management's $105 million settlement with the New York attorney general for alleged tax evasion is likely to encourage additional states to amend their false claims statutes to allow tax claims — and motivate more corporate competitors to assert these claims as whistleblowers, say attorneys at Morgan Lewis.

  • La. Tax Talk: Hotel Taxes, Parish Dispute, Challenging Regs

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    Attorneys at Kean Miller discuss takeaways and practice tips from recent Louisiana tax decisions involving what happens when Department of Revenue regulations conflict with state law, whether taxes on casino-hotel rooms apply at other hotels and a taxpayer's role in a parish dispute.

  • Pa. Tax Talk: Who Can Get A Philadelphia Wage Tax Refund

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    The specifics of Philadelphia-based employers' remote work policies during the pandemic will have a significant effect on employees' abilities to collect city wage tax refunds and on the future of the wage tax itself, says Jennifer Karpchuk at Chamberlain Hrdlicka.

  • Texas Tax Talk: Development Bill Needs Bilateral Buy-In

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    If a pending bill to overhaul the Texas Economic Development Act can resolve the concerns of both project developers and school districts, it will make the popular tax break an even more useful tool for attracting investment, say attorneys at Baker Botts.

  • Controversial Md. Digital Ad Tax Leaves Sourcing Undefined

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    Sending shockwaves through the industry and prompting a lawsuit, Maryland's recently enacted, first-of-its-kind digital advertising gross revenues tax also contains a significant ambiguity as to how revenue from digital ad services should be sourced, say Stefi George and David Blum at Akerman.

  • 3 Degrees Of Legalization Show True Prevalence Of Cannabis

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    The three degrees of state marijuana legalization regimes throughout the U.S. show that cannabis is only fully illegal in three U.S. states and one territory — not 14 states as some counts indicate — and even in those places, there are stirrings of change, says Julie Werner-Simon at Drexel University's Thomas R. Kline School of Law.

  • Kentucky Tax Talk: Important Bills To Watch This Session

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    A number of key bills have come out of Kentucky's 2021 legislative session that could significantly affect taxpayers, including legislation changing where tax challenges are filed, raising property taxes for businesses and expanding legal pari-mutuel gaming, say attorneys at Frost Brown.

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