This podcast for the week of July 22, 2019 covers state and local tax developments in Kentucky, Louisiana, Maine and Oregon, as well as a Wayfair update in multiple states.
Recently KY Court of Appeals affirmed a trial court decision holding that optional liability waiver fees were not subject to sales tax.
The LA Department of Revenue recently clarified that, in its view, the new federal Base Erosion and Anti-Abuse Tax (BEAT) is not included in the calculation of the federal income tax deduction.
On June 27, 2019, Gov. Janet Mills signed Senate Bill 481 (LD 1544), effective 10/01/19, which repeals the existing ME unclaimed property law and replaces it with a modified version of the 2016 Uniform Unclaimed Property Act.
State lawmakers continue to enact legislation and issue guidance in response to the U.S. Supreme Court’s decision in South Dakota v. Wayfair. This week includes Ohio and Wisconsin.
OR House Bill 3427, signed by Gov. Brown on May 16, 2019, adopted the new Corporate Activity Tax effective January 1, 2020.
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