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Tax › Tax Events › KPMG TaxRadio › TWIST - This Week in State Tax › TWIST - August 19, 2019

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TWIST - August 19, 2019

This podcast for the week of August 19, 2019 covers state and local tax developments in Florida, Louisiana, and New York.

All of this week’s TWIST episodes

  • Insight

    Florida: Guidance Issued on GILTI Subtraction and Bonus Depreciation

    The Florida Department of Revenue recently issued guidance on certain tax reform related items.

  • Insight

    Louisiana: Medical Devices Exempt Under the Constitutional Exemption for Prescription Drugs

    The Louisiana Court of Appeals recently held that the constitutional prohibition against imposing sales and use taxes on “prescription drugs” extended to medical devices.

  • Insight

    New York: Litigation Support Services Receipts were Other Business Receipts

    The NY Tax Appeals Tribunal recently determined that a taxpayer’s receipts from web-based litigation support services were other business receipts, rather than service receipts.

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

To receive the TWIST e-mail each Monday, make sure that State and Local Tax is checked off as one of your topics of interest on the KPMG Tax subscription site.

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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The information contained herein 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.

 

The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.

 

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