TWIST - November 19, 2018

All of this week’s TWIST episodes

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  Insight

  CA: Mortgage Servicer Was Not a Financial Corporation

  The California Franchise Tax Board recently issued a Chief Counsel Ruling addressing whether a taxpayer was a financial corporation for California income tax purposes.

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  Insight

  KY: Department Issues TAM on Deductibility of State Taxes

  In a recent TAM 18-06, the Department of Revenue issued guidance on which taxes are considered deductible in computing Kentucky corporate income tax liability.

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  Insight

  Multistate: Wayfair-Related Developments

  States continue to issue guidance or statements since the recent U.S. Supreme Court decision in South Dakota v. Wayfair.