This podcast for the week of January 6, 2020 covers state and local tax developments in California, Louisiana, New Jersey and Multistate.
January 07, 2020
The California Office of Tax Appeals or OTA has concluded that shareholders in an S Corporation must apportion their pro-rata share of the gain on the S corporation’s sale of a goodwill using the S corporation’s factors.
The Louisiana Court of Appeals recently addressed a situation that arose when sales and use taxes related to online sales were remitted to the Department of Revenue, as opposed to Jefferson Parish.
New Jersey requires combined reporting for privilege periods ending on and after July 31, 2019.
The Michigan Department of Treasury recently issued a Notice and FAQs addressing the sales and use tax obligations of marketplace facilitators.
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