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Tax › Tax Events › Tax Podcasts › TWIST - This Week in State Tax › TWIST - June 17, 2019

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TWIST - November 11, 2019
Recap of 2018 Global Financial Reporting and Valuation Conference

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TWIST-Q
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Tax Relief for Disaster Recovery Efforts

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Trust tax
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International tax for asset management
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Explore global mobility
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TWIST - November 11, 2019

In this edition of TWIST for the week of November 11, 2019, State and Local Tax professional Sarah McGahan, from KPMG's Washington National Tax practice, covers updates in Indiana, Nebraska, New Mexico, Virginia, and Wisconsin. 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 - June 17, 2019

This podcast for the week of June 17, 2019 covers state and local tax developments in California, New York, and Vermont.

All of this week’s TWIST episodes

Insight

California: Guidance Issued on Alternative Apportionment Requests

In Legal Ruling 19-01, the Franchise Tax Board provides guidance on what it considers to be appropriate subject matter for a request under R&TC section 25137 to vary from the standard apportionment formula.

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New York: Royalty Payments from Foreign Affiliates Included in Entire Net Income Base

NY Division of Tax Appeals held that for purposes of computing NY entire net income for the tax years at issue, a taxpayer could not exclude royalty payments received from foreign affiliates.

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Vermont: Market-Based Sourcing Rules Adopted

House Bill 514, signed into law on June 10, 2019, makes certain changes to VT’s tax laws, including the adoption of market-based sourcing.

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

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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.

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