Insight Vermont: Department of Taxes Issues Guidance on TCJA Conformity September 30, 2019 The Vermont Department of Taxes recently posted information on the state’s conformity to the Tax Cuts and Jobs Act on its website.
Insight Virginia: Taxpayer Owed Sales Tax on Transactions with an Affiliate September 23, 2019 The Virginia Department of Taxation recently ruled (PD- 19-82) that a taxpayer was liable for use tax on computer equipment purchased and leased from an affiliate.
Insight Nebraska: Department Clarifies Guidance on Section 965 Income September 23, 2019 In December 2018, the Nebraska Department of Revenue issued a General Information Letter (GIL) addressing the state’s treatment of IRC section 965 income.
Insight Multistate: More Wayfair Related Developments September 30, 2019 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 Alabama, Florida, Louisiana and Massachusetts.