Modal title

This podcast for the week of April 1, 2019 covers state and local tax developments in Kentucky, Oregon, Tennessee, and a Multistate update on the Wayfair decision.

All of this week’s TWIST episodes

Insight

Kentucky: FAQ Addresses Corporate Tax Economic Nexus

KY addressed whether the sales and use tax economic nexus thresholds apply to the corporate income tax or limited liability entity tax.

More
Insight

Oregon: Supermajority Vote not Required for Bill Decoupling from IRC section 199A Deduction

OR Tax Court addressed whether legislation to decouple from the IRC section 199A deduction for qualified business income required a supermajority vote.

More
Insight

Tennessee: Appeals Court Rules in Taxpayer’s Favor in Business Tax Classification Dispute

TN Court of Appeals addressed whether the Department of Revenue properly reclassified taxpayer’s business activities for purposes of TN Business Tax.

More
Insight

Multistate: More state reactions to Wayfair

State lawmakers continue to advance legislation addressing remote sellers and marketplace facilitators and many of these proposals are pending signature, or have recently been signed into law.

More

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

To receive the TWIST e-mail each Monday, make sure that State and Local Tax is checked off as one of your topics of interest on the KPMG Tax subscription site.

Helping tax leaders embrace disruption, seize new opportunities and drive greater value. It’s tax re-imagined. Now and for the future.

Request for Proposal

Find out what KPMG can do for your business.

Submit RFP

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Legal
Privacy
Terms of use
Media

©2020 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The following information is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.