This podcast for the week of May 6, 2019 covers state and local tax developments in Oklahoma, Pennsylvania, Washington State, and Wisconsin, as well as developments in multiple states on Wayfair.
Recently enacted legislation (House Bill 2665) adopts the Pass-Through Entity Tax Equity Act of 2019.
The PA Dept of Revenue recently issued guidance addressing the computation of the IRC section 163(j) limitation for CNIT purposes.
State lawmakers continue to enact economic nexus legislation to take advantage of the authorization contained in the U.S. Supreme Court’s decision in South Dakota v. Wayfair. South Carolina, Georgia, and Tennessee are covered this week.
WI Dept of Revenue recently ruled that a taxpayer making remote sales of prepackaged brownies and cookies to customers in WI was not required to register with the state.
Legislation has recently been presented to Washington Governor Jay Inslee that, if signed, would adopt tax increases for certain businesses.
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