TWIST – June 11, 2018

All of this week’s TWIST episodes

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  Insight

  MI: Guidance issued on michigan corporate income tax treatment of mandatory repatriation and GILTI

  June 11, 2019

  The Michigan Department of Treasury issued preliminary guidance on the Michigan Corporate Income Tax treatment of IRC section 965 income and Global Intangible Low Taxed Income or GILTI.

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  Insight

  PA: Taxpayers are not “referrers” subject to use tax notice and reporting requirements

  June 11, 2019

  In a letter ruling, the Pennsylvania Department of Revenue ruled that two taxpayers did not meet the definition of a “referrer,” as specified under the recently enacted Marketplace Sales Act.

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  Insight

  Multistate: Recently-enacted and pending sales and use tax economic nexus bills

  June 11, 2019

  Several states, including Illinois, Louisiana, Hawaii, and Connecticut, are in the process of either implementing or finalizing the adoption of economic nexus standards for sales and use tax