Insight California: Arizona Resident Owes California Income Tax for Services Performed in Arizona The California Office of Tax Appeals (OTA) recently sustained a personal income tax assessment on a nonresident individual who had performed screenplay writing services for two California LLCs.
Insight Illinois: Details Released on Upcoming Tax Amnesty Program The Illinois Department of Revenue has announced that an upcoming tax amnesty program will be held from October 1, 2019 through November 15, 2019.
Insight Indiana: Lawsuit Settlement Income Included in the Numerator and Denominator of the Sales Factor The Indiana Department of Revenue recently determined that a financial institution had to include lawsuit settlement proceeds in both the numerator and denominator of its sales factor.
Insight Tennessee: Guidance Issued on Computing IRC section 163(j) Limitation The Tennessee Department of Revenue recently issued guidance on computing the section 163(j) limitation for Tennessee corporate excise tax purposes.
Insight Texas: Amended Franchise Tax Nexus Regulation Would Adopt Economic Nexus The Texas Comptroller recently issued draft proposed amendments to TAC § 3.586, which addresses franchise tax nexus.