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Alabama Tax Tribunal: Regulation Limiting Credit for Tax Paid to Other States Invalid
Alabama residents who paid taxes to other states and whose credits were limited by the invalid regulation may have a…
Mississippi Rules that Denial of Deduction for Dividends Received from Out-of-State Subsidiaries is Unconstitutional
The Mississippi Supreme Court finds that the state’s denial of a dividend received deduction discriminated against interstate commerce, opening the…
Sales Tax Treatment of a Single Offering Containing Multiple Products/Services
As traditional products such as software move to a more service-based approach through hosted environments, it is increasingly difficult to…
Physical Fitness is Taxing: Washington Issues Guidance Distinguishing Fitness from Instruction
Subtle distinctions in a service can cause its classification for sales and use tax purposes to change, as one fitness…
Colorado Rules that Foreign Company Had Nexus Due to Consignment
Foreign companies that structure their U.S. business to avoid creating a permanent establishment in the U.S. may still be subject…
Nebraska Refuses to Apply Sham Transaction to Deny Special Capital Gains Exclusion
Nebraska ruled that a taxpayer’s transactions to meet the requirements of a special capital gains exclusion were legal. By Jeff…