TWIST - November 5, 2018

All of this week’s TWIST episodes

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  Insight

  OH: Exemption from Unclaimed Property Extended to Rewards Cards and Additional Gift Cards

  On October 23, 2018, Ohio Governor John Kasich signed House Bill 353 into law.

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  Insight

  SC: Administrative Law Court Holds Banks Cannot Deduct NOL Carryforwards

  Recently, the SC ALC addressed an issue of first impression in the state—whether a bank could deduct NOLs in computing SC bank tax.

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  Insight

  WA: Video Game Hardware and Software not Like-Kind Property

  The Washington Court of Appeals recently addressed the scope of the so-called trade-in exclusion.

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  Insight

  Multistate: More State Wayfair-Related Developments

  Effective November 1, 2018, NJ, NC, SC, and SD joined the list of states requiring remote sellers meeting specified economic nexus thresholds to collect and remit applicable sales and use tax.