TWIST - June 3, 2019

All of this week’s TWIST episodes

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  Insight

  Alabama: Canned and Custom Software is Taxable Tangible Personal Property

  The Alabama Supreme Court recently held that Alabama sales and use tax law does not distinguish between canned and custom software for purposes of taxability.

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  Insight

  Multistate: More State Responses to Wayfair

  State lawmakers continue to enact legislation and issue guidance in response to the U.S. Supreme Court’s decision in South Dakota v. Wayfair.

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  Insight

  Colorado: Domestic Holding Companies cannot be Forcibly Combined with Affiliates

  Recently, the Colorado Supreme Court released two long-awaited decisions addressing nearly identical corporate income tax issues.

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  Insight

  New Jersey: Guidance Issued on Combined Reporting Filing Options; Application of Joyce and Finnigan

  The New Jersey Division of Taxation recently released yet another Technical Bulletin (TB-89).

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  Insight

  New York: Premiums paid to Captive Insurance Subsidiary are Not Deductible

  A New York trial court recently affirmed a Tax Appeals Tribunal decision.

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  Insight

  Ohio: Board of Tax Appeals Adopts Broad interpretation of When Manufacturing Begins

  The Ohio Board of Tax Appeals recently decided in favor of the taxpayer in a dispute that focused on when the taxpayer’s manufacturing process began.