This podcast for the week of November 5, 2018 covers state and local tax developments in Ohio, South Carolina, Washington, and a Multistate update on the Wayfair decision.
On October 23, 2018, Ohio Governor John Kasich signed House Bill 353 into law.
Recently, the SC ALC addressed an issue of first impression in the state—whether a bank could deduct NOLs in computing SC bank tax.
The Washington Court of Appeals recently addressed the scope of the so-called trade-in exclusion.
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.
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