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Tax › Tax Events › Tax Podcasts › TWIST - This Week in State Tax › TWIST - January 14, 2019

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Taxing the Digital Economy: OECD Proposed Pillar One Unified Approach
TWIST - October 7, 2019
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Taxing the Digital Economy: OECD Proposed Pillar One Unified Approach

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TWIST - October 7, 2019

In this edition of TWIST for the week of October 7, 2019, State and Local Tax professional Sarah McGahan, from KPMG's Washington National Tax practice, covers updates in Kansas, Maryland, Massachusetts, and Pennsylvania as well as Wayfair developments in multiple states. You can also listen to TWIST podcasts directly via iTunes.

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Recap of 2018 Global Financial Reporting and Valuation Conference

This year’s event will focus on providing insights and strategies executives can leverage in their pursuit of striking balance in a changing world.

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TWIST - January 14, 2019

This podcast for the week of January 14, 2019, covers state and local tax developments in New Jersey, New Mexico, and Pennsylvania, as well as a multistate update on Wayfair developments.

All of this week’s TWIST episodes

Insight

NJ: Guidance issued on treatment of GILTI and FDII; Combined group composition

The NJ Division of Taxation recently released two technical bulletins that provide guidance on GILTI and FDII.

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NM: Dept. failed to establish deviation from financial institution apportionment factor was warranted

Recently, a New Mexico Hearing Officer ruled that the Department of Taxation and Revenue failed to establish that deviation from a financial institution’s apportionment factor was warranted.

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PA: Corporate tax bulletin provides hedging and other receipts are excluded entirely from the sales factor

The Pennsylvania Department of Revenue recently issued a Corporation Tax Bulletin addressing the sales factor treatment of hedging related receipts.

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Multistate: Wayfair-related developments

States covered include Texas, Virginia, Missouri, South Carolina, and Pennsylvania.

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To view past weeks of TWIST that you may have missed, please visit our TWIST homepage.

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