This podcast for the week of April 22, 2019 covers state and local tax developments in Alabama, Arkansas, New Jersey, and New York.
The Alabama Tax Tribunal recently addressed whether the taxpayer, a tailgating business at the University of Alabama, was subject to rental tax.
House Bill 1953, which was recently signed into law in Arkansas, readopts certain IRC provisions as of January 1, 2019.
The New Jersey Division of Taxation recently issued Technical Bulletin 87, which provides guidance on the computation of the IRC section 163(j) limitation.
On April 12, 2019, the New York bills that adopt certain tax changes proposed in the Executive Budget were signed into law by Governor Cuomo.
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