- Tax
- Articles
- 2019
- KPMG Flashpoint
- Global withholding taxes
- Tax policy and the 116th Congress
- Section 301-granted exclusions: How your firm can benefit
- The tax data dilemma
- Looking into the Future of HR and Global Mobility - Polling Results
- Section 199A – Big Changes, Important Questions
- Duty Drawback
- KPMG Spark empowers small and midsized businesses
- Videos: OECD's Proposals on Taxing the Digital Economy
- 2019 Tariff Impact Survey
- Tariff Mitigation Roadmap
- Taxation of the Digital Economy
- Fundamentals of Tax Reform
- BEPS Actions 8–10
- The challenge of communicating tax
- Video: Tax Reform Implementation—A View from Washington
- BEPS for Asset Management
- Videos: Looking Back and Forth on the U.S. Tax Reform Road
- A framework for OFAC compliance commitments: An overview
- Corporate Tax Transparency in the BEPS Era
- Transfer Pricing for Financial Services
- Tax reform's impact on family offices and the individual taxpayer
- KPMG's Tax Function Benchmarking Study
- The development of talent in the tax function
- The tax data revolution
- The tax function of the future
- Evolving tax function operating models
- The largest impact of U.S. tax reform
- CTO Insights – Evolving role of the CTO video
- How do you see your tax function transforming?
- CTO Insights – Evolving skills for future tax leaders video
- CTO Insights – What are the top challenges you are facing in your role?
- CTO Insights – Implementing Technology in the Tax Function
- AI aids accountants
- Tax departments take flight
- CFC Rules under ATAD
- 2018
- Post-BEPS tax controversy
- Assessing tax reform’s impact on multinationals and operations planning
- Transfer pricing in the age of tax reform
- Tax reform done: The process continues
- International tax provisions: Then & now
- What tax reform means for you and your privately held company
- Insights on Trade & Customs
- Home equity interest may still be deductible
- Chief tax officer survey
- The IRS and the APA
- How behavioral economics can help corporations and government
- Tax changes affect value chain structures
- Threading the needle
- Blockchain and the future of tax
- Medical device companies & tax reform
- The final tangible property regulations
- International Compliance Assurance Program - oasis or mirage?
- The expatriate administrator
- Changes and leading practices in unclaimed property compliance
- New IRS rules standardize taxability of IRAs
- The real deal on tax and transactions
- 2018 tax dispute resolution benchmarking survey
- Opportunity Zones
- Tax and Trade Implications for U.S. Inbound Investment Guide
- 2018 Multistate Nonresident Withholding Survey Report
- 2018 Tariff update and impact analysis
- Developing your Section 301 trade mitigation strategy
- Automotive industry tariff mitigation strategy
- Blockchain solutions for duty drawback
- NAFTA Update
- U.S. 2019 Tax Filing Season, Tax Reform, and Globally Mobile Employees
- Cincinnati Business Courier - 4 steps to cope with tariff uncertainty
- 2018 Payroll Year-End Guide and Checklist
- 2017
- The BEPS Ripple Effect
- Tax Reform Senate Procedural Requirements Explained
- President Trumps Principles for Tax Reform
- Two-minute Take on Tax Reform
- Commonsense Transfer Pricing in a BEPS World
- How to make the case for global trade management systems
- Harnessing the Duty Drawback rules for expanded savings
- Chief trade officer's first 100 days
- Help for piecing together the trade compliance puzzle
- U.S. Taxation of Foreign Citizens (2019)
- Mobility Matters
- The Future of Tax
- U.S. Taxation of Americans Abroad (2019)
- 2016
- 2x4 Approach to Country-by-Country Reporting
- Successfully Deploying Global Trade Management Systems
- Foreign Trade Zones - Video
- R&D Exchange
- KPMG Asset Management Platform
- Events
- TaxWatch webcasts
- 2019
- Tax Reform Thursdays: BEAT— are you subject to Section 59A?
- Quarterly Bank TaxWatch – Tax reform developments for banks
- Navigating the TFTEA Drawback Regulations
- U.S. tax reform update: Guidance and hot topics for the alcohol beverage industry
- Tax Reform Thursdays: Final 965 Regulations and international tax technical corrections
- Looking into the future of HR and global mobility
- The power of blockchain webcast series: Understanding blockchain – it’s not just about crypto
- Tax Reform Thursdays: Anti-hybrid provisions and PTEP
- VAT 2018 year in review and 2019 outlook
- Tax Reform Thursdays: Final Section 199A Regulations
- Update on trade trends and leveraging global trade and supply chain technology
- The R&D Tax Credit: A 2018 year in review
- Taxing the digital economy: What multinationals should know about recent developments
- Final Section 263A Regulations
- Tax Reform Thursdays: Tax reform’s impact on individual taxpayers/family offices
- Navigating the Uncertainty around Tariffs and their Impact on Site Selection and Incentives
- Eastman-Kodak's Story: Managing Foreign Trade Zones with Global Trade Services
- Tax Reform Thursdays: Federal Tax Reform – What’s a State Taxpayer to Do?
- Tax Reform: FDII and GILTI Deductions under Section 250
- Update on Business Travel Risks and Compliance
- Quarterly Bank TaxWatch – Refresher on Mergers and Acquisitions
- The New Centralized IRS Partnership Audit Regime
- Opportunity Zones
- Tax Treatment of IPO Transaction Costs
- State & Local Tax Issues in the Asset Management Industry
- Future of Global Mobility Technology
- Unclaimed Property Compliance & Audit Update
- Family Office Fridays: State and Local Tax
- Tax Reform Thursdays: GILTI and Related Regulations Released—What Now?
- Year One – Lessons Learned in the First Full Year of §301 Tariffs
- Quarterly Bank TaxWatch – Legislative and Regulatory Update
- Family Office Fridays: Wealth Transfer Tax and Succession Planning Considerations
- Understanding The Taxpayer First Act
- Taxing the Digital Economy: Update on OECD Efforts to Build Consensus
- Tax Reform Thursdays: Emerging Cross-Border M&A Tax Considerations
- What’s Shaking in SALT: Summary of Recent State Tax Legislative Developments
- Family Office Fridays: Impact of International Tax Reform Provisions on the Individual Taxpayer
- Future of Mobility: Improving Equity Plan Administration & Process through Technology
- Digitalization of global indirect tax compliance
- Proposed regulations: Built-in gains and losses under section 382(h)
- FCD Insights – Fireside Chat with Director of APMA Office
- Transfer pricing controversy: The tax director’s view
- Taxing the Digital Economy: OECD Proposed Pillar One Unified Approach
- 2018
- First Sale for Export: Duty Mitigation in a Trade Sanction World
- State tax developments, Wayfair reactions, and a SALT asset management update
- The Wait for Wayfair is Over – What’s Next?
- Rules of Origin: Marking, Government Procurement, and Free Trade Agreements
- The Short and Long Game on Section 232 tariffs
- Tax Cuts and Jobs Act—Potential Implications for a Globally Mobile Workforce
- The IRS and the administrative procedure act
- The international trade landscape under the Trump administration—An update
- Tax Reform Thursdays: Tax Reform for Exempt Organizations
- 2018 – A New Era of Trade Enforcement: An Update on Post-TFTEA Trade Enforcement Trends
- Update on Tariffs: How Leading Companies are Responding
- What does the Supreme Court Wayfair decision mean for tax-exempt organizations
- Update on Tariffs: How leading companies are responding
- Developing your Section 301 Tariff Mitigation Strategy
- How GTS improvements support Free Trade Agreements
- Tax E&C Webcast
- Understanding the Trade Implications of the United States-Mexico-Canada Agreement (USMCA)
- All SALT: State Reactions to Tax Reform, Wayfair, and Upcoming Ballot Initiatives
- Navigating Between a Rock and a Hard Place II
- Tax Reform: Opportunity Zones
- Tax Reform Thursdays: Midterm Elections Results' Potential Impact on the Tax Agenda
- Information Reporting and Withholding: This Year and Next
- Tax Reform Thursdays: Update on the Latest International Tax Guidance
- Wayfair and Foreign Sellers of Goods and Services
- Update on year-end payroll tax planning
- TradeWatch: Update on Country of Origin Rules
- Tax Reform Thursdays: Proposed 168(k) Regulations
- Tax Reform Thursdays: Latest International Guidance – Part 2
- Tax Reform Thursdays: Section 163(j) Proposed Regulations Unpacked
- 2017
- Podcasts
- Archive
- TWIST - This Week in State Tax
- This week in state tax episodes
- TWIST – July 23, 2018
- TX: Software used to produce semiconductor chips was not used in manufacturing
- WI: Taxpayer was providing taxable laundry services
- Multistate: More state reactions to the Wayfair decision
- TWIST – August 6, 2018
- AL: Department issues report on preliminary guidance on tax cuts and jobs act
- VT: State issues guidance on reporting Section 965 Income
- Multistate: States continue to respond to the wayfair decision
- TWIST – July 30, 2018
- CT: Department issues guidance on treatment of GILTI
- MI: State high court addresses scope of bad debt deduction
- UT: Special session bills address NOLs and section 965 income
- Multistate: Additional state responses to the Wayfair decision
- TWIST – June 25, 2018
- RI: Budget bill imposes tax on vendor hosted prewritten computer software
- UT: Taxpayer established that it was a “Sales factor weighted taxpayer”
- VA: Personal shopping services subject to sales tax
- Multistate: Several states issue post-wayfair guidance
- TWIST - May 21, 2018
- CO: Market-based sourcing bill passes both houses of legislature
- MA: Estimated tax penalty relief for corporations affected by the transition tax...
- TN: Bill to decouple from certain aspects of tax reform sent to governor Bill Haslam for signature
- Washington: White glove delivery services create substantial nexus
- TWIST – July 16, 2018
- CA: San Francisco proposition C increases gross receipts tax on lessors of commercial real estate
- MO: Bank franchise tax rate reduction legislation enacted
- NJ: Amnesty legislation enacted
- Multistate: More state reactions to the Wayfair decision
- TWIST – July 9, 2018
- GA: Policy bulletin addresses exclusion for foreign dividends
- MN: Commissioner not barred from requiring use of alternative apportionment
- VT: Budget bill includes conformity update
- Multistate: States continue to issue guidance on the Wayfair decision
- TWIST – June 18, 2018
- CO: Guidance issued on reporting section 965 income
- NY: Taxpayer was not a qualified new york manufacturer
- NC: Budget bill includes IRC conformity update
- RI: Proposed regulation issued on corporate tax treatment of section 965 income
- TX: Telecom provider not allowed to deduct electricity as COGS
- TWIST – June 11, 2018
- MI: Guidance issued on michigan corporate income tax treatment of mandatory repatriation and GILTI
- PA: Taxpayers are not “referrers” subject to use tax notice and reporting requirements
- Multistate: Recently-enacted and pending sales and use tax economic nexus bills
- TWIST - June 4, 2018
- MO: Optional lease add-ons, including warranties, subject to missouri sales tax
- NJ: Taxpayer not entitled to unreasonable exception to related party addback requirement
- Washington state: New seattle “hours” tax effective january 1, 2019
- Québec: Proposed economic nexus requirements for remote sellers of intangibles...
- TWIST – May 14, 2018
- HI: Economic nexus bill sent to governor
- HI: Conformity bill sent to governor
- OH: Despite title transfer occurring in Texas, sales of goods were sitused to Ohio
- Washington: Penalties/interest may be imposed for unclaimed property non-compliance
- TWIST – May 7, 2018
- AL: Guidance issued on reporting Section 965 income
- FL: Guidance issued on treatment of IRC Section 965 income
- NY: Limited opportunity to withdraw from commonly-owned group election
- SC: True object of a transaction was not the provision of bartending services
- TX: Federal disregarded LLCs subject to franchise tax
- TWIST –July 2, 2018
- LA: Temporary additional sales and use tax extended under a reduced rate
- MA: Out-of-state taxpayer was a manufacturer required to use single-sales factor apportionment
- PA: Tax reform response depreciation legislation signed into law
- Multistate: Additional state guidance on South Dakota v. Wayfair, Inc.
- RI: Sellers reminded of collect or report requirement Post-Wayfair
- TWIST - September 17, 2018
- AL: Out-of-state Bookseller Not Required to Collect Alabama Use Tax
- MA: Department of Revenue Issues Guidance Addressing Federal Tax Reform
- Multistate: States Continue to Respond to Wayfair Decision
- TWIST - September 10, 2018
- ME: Conformity Legislation Passes During Special Session
- NJ: Tax Court Rules in Favor of Division in Sales Tax Sourcing Dispute
- OR: Nonresident Pass-Through Entity Owner’s Source Income Not Determined
- Multistate: More State Responses to Wayfair Decision
- TWIST - August 13, 2018
- IN: Hospital Lacked Standing to File Refund Claim
- WY: State Supreme Court Addresses What Constitutes a Sale
- Multistate: States Continue to Respond to Wayfair Decision
- TWIST - August 20, 2018
- CO: Department Addresses Tax Treatment of Specially Mixed Condiments
- OR: Companies Lacking Physical Presence in Oregon Subject to Corporate Income Tax
- TX: Call Tracking and Monitoring Services Not Subject to Sales and Use Tax
- VT: State Issues Guidance on Treatment of GILTI, Section 199A Deduction
- Multistate: States Continue to Respond to the Wayfair Decision
- TWIST - September 24, 2018
- India: New Compliance Obligation for Online Platforms Implemented Effective 10/1/18
- MN: Tax Court Holds Taxpayer Not Eligible for Capital Equipment, Production Sales Tax Exemptions
- TX: Presence of Clothing in State for Try-On Period Creates Substantial Nexus
- TWIST - October 1, 2018
- CA: Governor Signs Legislation Adopting Federal Partnership Audit Rules
- CA: Appeals Court Addresses Scope of Sales and Use Tax Exclusion for Telephone Lines
- NY: Tax Tribunal Distinguishes Between Contract Carriers and Common Carriers
- Multistate: More Responses to South Dakota v. Wayfair
- TWIST - October 8, 2018
- CA: Factors of SMLLCs Included in Computing Owners' Apportionment
- MA: Sales Tax Holiday Headache Resolved Favorably for Retailer
- SC: Conformity Legislation Enacted During Special Session
- Multistate: More Responses to South Dakota v. Wayfair
- TWIST - October 15, 2018
- MO: Farmer Selling Beef over Online Marketplace Does not qualify for Farmer’s Market Exemption
- TX: Physical Presence Rule Continues to Apply for Franchise Tax Purposes
- UT: Federal section 482 Regulations Apply In Interpreting State Discretionary Authority Statute
- Multistate: More Responses to South Dakota v. Wayfair
- TWIST - October 22, 2018
- CA: Taxpayers Did Not Qualify for Deferral of Gain on an IRC § 1031 Exchange
- MA: Pending Legislation Addresses Treatment of GILTI
- RI: Substantial Nexus Not Created Due to Presence of Affiliate in State
- TX: Online Educational Courses not Subject to Sales Tax
- Multistate: More State Responses to Wayfair
- TWIST - October 29, 2018
- AR: Contributions Made in Exchange for Tangible Personal Property are Subject to Sales and Use Tax
- ID: Single, Non-Customer Facing Employee Created Corporate Income Tax Nexus
- MA: Indiana Utility Receipts Tax Required to Be Added Back in Computing MA Corporate Excise
- Multistate: More State Reactions to Wayfair
- TWIST - November 5, 2018
- OH: Exemption from Unclaimed Property Extended to Rewards Cards and Additional Gift Cards
- SC: Administrative Law Court Holds Banks Cannot Deduct NOL Carryforwards
- WA: Video Game Hardware and Software not Like-Kind Property
- Multistate: More State Wayfair-Related Developments
- TWIST - November 12, 2018
- Arkansas: Sediment removal not incidental to nontaxable inspection services
- Massachusetts: Taxpayer’s products were prewritten computer software
- South Carolina: Court of Appeals affirms decision holding receipts from in-state satellite subscribers
- Washington: ALJ addresses various B&O issues Associated with ATM fees
- TWIST - November 19, 2018
- CA: Mortgage Servicer Was Not a Financial Corporation
- KY: Department Issues TAM on Deductibility of State Taxes
- Multistate: Wayfair-Related Developments
- TWIST - December 3, 2018
- CA: Voters Approve General economic Nexus Provisions; Litigation Pending
- IN: Department Addresses Software and Scope of P.L. 86-272
- OH: Baseball Team Scores a Home Run before the Ohio Supreme Court
- UT: Equitable Adjustment Provisions Apply to Avoid Double Taxation of Foreign Business Income
- Multistate: States continue to release Wayfair guidance
- TWIST - December 10, 2018
- LA: Statute Disallowing Residents a Credit for Texas Franchise Taxes Paid Violated the Commerce Clause
- Multistate: Recent Unclaimed Property Activity
- MS: Statute of Limitations Period Was Constitutional
- CO:Grace Period for Certain Retailers to Begin Collecting and Complying with Sourcing Changes Extended
- TWIST - December 17, 2018
- Illinois (City of Chicago): Ruling addresses collection obligations of facilitators
- Missouri: Items used to administer medicines were not 'materials' used or consumed in compounding
- Multistate: States continue to respond to Wayfair decision
- 2019 Episodes
- TWIST - January 7, 2019
- Iowa: Home improvement retailer required to collect tax on installations
- Louisiana: Court affirms decision requiring online retailer to collect local tax on marketplace sales
- Missouri: Sales and use tax refund claim barred by statute of limitations
- Multistate: Recent Wayfair-related developments
- TWIST - January 14, 2019
- NJ: Guidance issued on treatment of GILTI and FDII; Combined group composition
- NM: Dept. failed to establish deviation from financial institution apportionment factor was warranted
- PA: Corporate tax bulletin provides hedging and other receipts are excluded entirely from the sales factor
- Multistate: Wayfair-related developments
- TWIST - January 21, 2019
- Georgia: Two Rulings Address Resale and Manufacturing Exemptions
- Missouri: Operator of a Cafeteria in Federal Building Liable for Sales Tax on Meals
- Oregon: Proposed Bills Would Make Significant Changes to Oregon’s Corporate Tax Laws
- New York: Guidance Issued on Wayfair; Legislation Would Extend Collection Requirement to Marketplaces
- New York: Governor Cuomo’s proposed Budget Includes Numerous Income Tax Changes
- TWIST - January 28, 2019
- Iowa: Department addresses post-Wayfair sales tax nexus standard
- New Jersey: Managerial member of combined group must obtain new tax identification number
- NYC: General corporation tax imposed on non-unitary corporate partner's sale of an LLC interest
- Utah: Ruling addresses taxability of custom storage solutions
- Multistate: More state responses to Wayfair
- TWIST - February 4, 2019
- MS: Guidance Issued on the Tax Cuts and Jobs Act
- MO: Kansas City Chiefs deflated; found liable for nearly $1M in sales and use taxes
- TX: Hotel operator owed use tax on items provided to guests
- TX: Receipts from fuel delivered to foreign vessels were Texas receipts
- PA (Philadelphia): BIRT economic nexus regulation filed
- TWIST - February 11, 2019
- IA: Benefit of Transportation Brokerage Service is received at Delivery Location of Goods
- MS: Department Revises Guidance on GILTI
- NJ: Computation of Tax Add Back in Determining a Sub's Separate CBT Liability when Taxes Paid by Parent
- WA: Company Providing Meals to Schools Subject to Service B&O Rate
- TWIST - February 18, 2019
- FL: Department Issues Comprehensive Report on Tax Reform
- IL: Tax Tribunal Rules Taxpayer Operating a Golf Club Qualified for Governmental Body Exemption
- OH: Goods Picked Up in Georgia were Ohio-Sitused Receipts and Created Substantial Nexus
- VA: Use of Income-Producing Activity Test did Not Result in Unconstitutional Apportionment
- Multi: Recent State Wayfair Developments
- TWIST - February 25, 2019
- FL: Sales Of Services Sourced Based on the Customer’s Location
- NC: Net Economic Losses Must be reduced by Deductible Dividends
- VA: Fourth Circuit Rules that Virginia Stormwater Charge is a Fee, Not a Tax
- Multi: More State Responses to Wayfair
- TWIST - March 4, 2019
- AZ: Rental Car Surcharge Permissible Under Federal and State Constitutions
- CA: FTB Will Apply IRC section 367 Regulations to Insurance Companies
- KS: Internet Tax Freedom Act Does Not Bar Taxation of Equipment
- Multi: More State Responses to Wayfair
- TWIST - March 11, 2019
- MI: Resale Exemption did Not Apply to Credit Card Processor’s Equipment Purchases
- NJ: Tax Court Rules in Taxpayer’s Favor in Addback Dispute
- WA: Taxpayer’s Receipts Subject to Throwout
- MA: E-Fax Services Are Taxable Telecommunication Services
- TWIST - March 18, 2019
- New York: Broker-Dealer Sourcing Rules do not Extend to Non-Broker SMLLC
- New York: Advisory Opinion Concludes that a Marketplace Provider Qualified as a Vendor
- Utah: Legislation Pending Signature Would Amend Corporate Nexus Standard
- Mobile Workforce State Income Tax Simplification Act of 2019 Introduced in the Senate
- Multistate: More State Reactions to Wayfair; Marketplace Facilitator Legislation
- TWIST - March 25, 2019
- Arkansas: State Liquidation of Unclaimed Securities May Reverse Consumer Protections
- Louisiana: Regulation Outlining Local Sales Tax VDA Program Adopted
- Multistate: State Income Tax Nexus Bills
- Multistate: More State Wayfair-Related Legislation Advances
- TWIST - April 1, 2019
- Kentucky: FAQ Addresses Corporate Tax Economic Nexus
- Oregon: Supermajority Vote not Required for Bill Decoupling from IRC section 199A Deduction
- Tennessee: Appeals Court Rules in Taxpayer’s Favor in Business Tax Classification Dispute
- Multistate: More state reactions to Wayfair
- TWIST - April 8, 2019
- Georgia: Department Addresses Computation of Income when Taxpayer Treaty Protected for Federal Purposes
- Idaho: Retroactive Legislation Revises Treatment of Section 965 Income, GILTI, and FDII
- New York: Budget Agreement Includes Numerous Tax Changes
- Oregon: Wholesalers Accepting Returns on Behalf of Taxpayer Caused Loss of Public Law 86-272 Protection
- Multistate: More State Responses to Wayfair
- TWIST - April 15, 2019
- Arkansas: Corporate Tax Legislation Signed Into Law
- Indiana: Post-Wayfair Sales Tax Filing Requirements for Seller of Exempt Items
- Massachusetts: Appellate Tax Board Reverses Course on Refunds for Multiple Points of Use
- Multistate: More State Responses to Wayfair
- TWIST - April 22, 2019
- Alabama: Tailgater Taxability Addressed by Tax Tribunal
- Arkansas: Conformity to Certain IRC Provisions Updated
- New Jersey: Guidance Issued on Section 163(j) Limitations
- New York: Budget Bills Enacted
- TWIST - April 29, 2019
- Iowa: Guidance Issued on IRC section 163(j) Limitation
- Maryland: Guidance Issued on Apportionment of GILTI
- New Jersey: Guidance Issued on GILTI Treatment for Combined Reporting
- Multistate: More State Responses to Wayfair
- TWIST - May 6, 2019
- Oklahoma: New Pass-through Entity Tax Regime Enacted
- Pennsylvania: Department Issues Guidance on IRC section 163(j) Limitation
- Multistate: More State Reactions to Wayfair
- Wisconsin: Department Addresses Post-Wayfair Sales Tax Collection Requirements
- Washington State: Tax Increase Bills Sent to Governor
- TWIST - May 13, 2019
- Massachusetts: Department Amends Corporate Income Tax Nexus Regulation Post-Wayfair
- City of San Francisco: New Homelessness Gross Receipts Tax Credits Adopted
- Multistate: More State Responses to Wayfair
- TWIST - May 20, 2019
- Florida: Pending Legislation Adopts GILTI Exclusion; New Reporting Requirements
- New Jersey: Revised Guidance Issued on Entities Included in the Combined Group
- Tennessee: Governor Signs Bill Addressing GILTI and 965 Income
- Multistate: Two States Issue Wayfair-Related Guidance
- Hawaii: Bills Presented to Governor Would Adopt Corporate Tax Changes
- TWIST - June 3, 2019
- Alabama: Canned and Custom Software is Taxable Tangible Personal Property
- Multistate: More State Responses to Wayfair
- Colorado: Domestic Holding Companies cannot be Forcibly Combined with Affiliates
- New Jersey: Guidance Issued on Combined Reporting Filing Options; Application of Joyce and Finnigan
- New York: Premiums paid to Captive Insurance Subsidiary are Not Deductible
- Ohio: Board of Tax Appeals Adopts Broad interpretation of When Manufacturing Begins
- TWIST - June 10, 2019
- Arizona: Conformity Legislation Enacted; Guidance Issued on 965 Income
- Multistate: More State Responses to Wayfair
- Connecticut: Budget Legislation Pending Signature
- Illinois: Recently Enacted Bills Include Numerous Tax Changes
- TWIST - June 17, 2019
- California: Guidance Issued on Alternative Apportionment Requests
- New York: Royalty Payments from Foreign Affiliates Included in Entire Net Income Base
- Vermont: Market-Based Sourcing Rules Adopted
- TWIST - June 24, 2019
- Louisiana: NOL Ordering Rules Revised
- City of San Francisco: Proposed Mental Health Gross Receipts Tax Likely to be on November Ballot
- Texas: Appeals Court Holds Aquarium Not Selling Tangible Personal Property
- Multistate: More State Responses to Wayfair
- TWIST - July 1, 2019
- Louisiana: Elective Pass-Through Entity Level Tax Enacted
- Multistate: More State Reactions to Wayfair
- Mississippi: Chancery Court Upholds Board of Tax Appeals Decision in Franchise Tax Dispute
- Oregon: Pending Legislation Addresses Treatment of GILTI
- TWIST - July 15, 2019
- Multistate: More State Reactions to Wayfair
- Montana: Taxpayer Entitled to Deduct 100 Percent of Dividends Received from 80/20 Corporations
- Missouri: Recently-Enacted Legislation Decouples from IRC section 163(j) Limitations
- California: Trial Court Rules for City of SF; Super-Majority Vote Not Needed to Approve City Tax Increases
- Texas: Proposed Rule Addresses When Taxable Entities Produce Goods for Sale
- TWIST - July 22, 2019
- Multistate: More State Reactions to Wayfair
- Kentucky: Optional Liability Waivers Not Subject to Sales tax
- Louisiana: BEAT Not Deductible as an Income Tax
- Maine: New Unclaimed Property Law Enacted
- Oregon: Opponents of the CAT Appear to Shift Direction
- TWIST- July 29, 2019
- New Jersey: Guidance Issued on Combined Reporting and Banks
- Oregon: CAT Technical Corrections Signed Into Law
- Oregon: Legislation Addressing GILTI Enacted
- Rhode Island: Ten-Year Statute of Limitations Enacted
- Tennessee: Subpart F Income Considered a Dividend
- TWIST - August 5, 2019
- Arkansas: Yard-Sale Host is not a Marketplace Facilitator
- Massachusetts: Remote Seller and Marketplace Facilitator Legislation Enacted
- Pennsylvania: Philadelphia Department of Revenue addresses IRC 163(j) limitation
- Kansas: Remote Sellers Required to Collect Beginning October 1, 2019
- TWIST - August 12, 2019
- California: Arizona Resident Owes California Income Tax for Services Performed in Arizona
- Illinois: Details Released on Upcoming Tax Amnesty Program
- Indiana: Lawsuit Settlement Income Included in the Numerator and Denominator of the Sales Factor
- Tennessee: Guidance Issued on Computing IRC section 163(j) Limitation
- Texas: Amended Franchise Tax Nexus Regulation Would Adopt Economic Nexus
- TWIST - August 19, 2019
- New York: Litigation Support Services Receipts were Other Business Receipts
- Louisiana: Medical Devices Exempt Under the Constitutional Exemption for Prescription Drugs
- Florida: Guidance Issued on GILTI Subtraction and Bonus Depreciation
- TWIST - August 26, 2019
- California: IRC section 338(g) Gain Must be Apportioned Using Target’s Factors
- New Jersey: Division Issues Revised Guidance on Sourcing GILTI and FDII
- Utah: Equitable Adjustment Prov. Do Not Apply to Avoid Double Taxation of Foreign Bus. Income
- TWIST - September 9, 2019
- Alabama: Late Filing Penalty Relief Available to Certain Corporate Taxpayers
- Multistate: More State Wayfair-Related Developments
- Florida: Time Extended to File New Information Reports for Already-Filed 2018 Returns
- Georgia: Taxpayer Not Allowed Sales Tax Bad Debt Deduction
- Utah: Foreign Corporations Excluded from Water’s-Edge Group despite Section 1504(d) Election
- TWIST - September 16, 2019
- Florida: Department of Revenue Announces Corporate Income Tax Rate Reduction
- New Hampshire: Market-Based Sourcing Rules Adopted
- South Carolina: Marketplace Operator Responsible for Sales and Use Tax Collection
- Texas: Amended Rule Addresses When Taxable Entities Produce Goods for Sale
- TWIST - September 23, 2019
- Vermont: Department of Taxes Issues Guidance on TCJA Conformity
- Virginia: Taxpayer Owed Sales Tax on Transactions with an Affiliate
- Nebraska: Department Clarifies Guidance on Section 965 Income
- Multistate: More Wayfair Related Developments
- TWIST - September 30, 2019
- New Hampshire: Budget Agreements Addresses Conformity, BPT/BET Rates, and GILTI
- Rhode Island: Taxable Sales Occurred Between Related Entitles
- Utah: Sales Made Via a Referral Model are Not Marketplace Sales
- TWIST - October 7, 2019
- Kansas: Attorney General Invalidates Remote Seller Guidance
- Maryland: Comptroller Regulation Limiting Use of Pre-Merger NOLs is Invalid
- Massachusetts: Working Draft Issued on Computing 163(j) Limitation
- Pennsylvania: Department Adopts Income Tax Economic Nexus Standard
- Multistate: More Wayfair Related Developments
- TWIST - October 14, 2019
- Louisiana: GILTI Treated as a Dividend
- Washington State: Insurance Related Receipts Reclassified as Service Income
- Multistate: More States Issue Guidance on New Marketplace Facilitator Requirements
- 2020 Episodes
- TWIST - March 11, 2019
- Title goes here
- Title goes here
- Title goes here
- Title goes here
- In Dispute
- Charitable Conservation Easement Program Integrity Act of 2019
- The BBA centralized partnership audit regime
- The U.K.’s proposed digital services tax
- The revision of Code Section 965 under the Tax Cuts and Jobs Act
- Wayfair and the corporate income tax
- Ninth Circuit Vitiates Common Law Mailbox Rule
- Nonresident State Income Tax Withholding – Where are we and what is next?
- Qualified Transportation Fringes— An often overlooked fringe benefit
- Meals and Entertainment — Tax reform takes a bite out of allowable deductions
- Mobility via Podcast (MvP) Series
- Episode 1: Future of Mobility
- In Person Events
- 2019
- Big Changes, Building Insights
- Recap of Financial Services Tax Conference
- Corptax 2019
- 2018
- Recap of May 2018 USCBTC event
- Recap of Financial Services Tax Conference
- Recap of 2018 Global Financial Reporting and Valuation Conference
- 2017
- Recap of December 2017 event
- CorpTax 2018
- Archive
- Forms
- Sign up for tax topics of interest
- Thank you
- Subscribe to Accounting for Income Taxes Bulletin
- Thank you
- R&D credit incentives for small businesses
- Thank you
- Subscribe to GMS Flash Alert
- Thank you
- Subscribe to KPMG’s Opportunity Zones News and Insights
- Thank you
- Subscribe to KPMG’s Family Office Insights
- Thank you
- Subscribe to Inside Indirect Tax
- Thank you
- Subscribe to the Global Reward Services Newsletter
- Thank you
- Subscribe to Payroll Insights
- Thank you
- Insights
- CTO Insights
- CTO Insights videos
- Chief Tax Officer Insights
- Inside Indirect Tax
- U.S. tax reform
- Complex Transactions Group
- Excise tax news
- Global Reward Services Alerts
- KPMG Reports on U.S. Tax Reform
- Webcasts: Tax Reform Thursdays
- TWIST-Q
- Tax Dispute Resolution Quarterly
- The 2017 KPMG Green Tax Index
- The new centralized IRS partnership audit regime
- U.S. – Canada MAP and APAs: An in-depth look
- Tax audits and disputes
- Enhancing value in a disruptive environment
- Insights on 'South Dakota v. Wayfair' SCOTUS decision
- Global Tax Reform: BEPS and Tax Transparency as Drivers
- Tax Challenges of Digitization
- Income Tax Treaties, Agreements, and MLI
- KPMG Comment Letters to the OECD on BEPS
- BEPS in Articles and Publications
- Collection of Insights on the 2017 Tax Act
- Insights on Trade and Customs
- Survey and studies
- Articles and news
- Webcasts and events
- Insights on Trade and Customs - newsletter
- Tax relief for disaster recovery efforts
- Disaster recovery meet the team
- Employee retention credit
- News on tax relief for disaster recovery
- Insights on Global Mobility
- International assignments
- Articles and News
- Payroll Insights
- Keeping up with a new world of trade disruption
- Back to Basics thought leadership series
- Moving to Trade Date +2: What you need to know
- Global mobility and FICA: Calculating U.S. Social Security benefits
- Videos and webcasts
- Focus on Brazil-United States Social Security Totalization Agreement
- KPMG LINK Cost Projector
- SALT technology checklist
- 2020 personal tax planning guide
- TaxWatch and Tax Governance Institute integration
- TaxWatch and Tax Governance Institute integration
- TaxWatch and Tax Governance Institute integration
- Tax reimagined
- Opportunity Zones
- Opportunity Zones: Understanding the Potential Benefits
- TaxNewsFlash–United States
- Global Reward Services Newsletter
- Family Office Webcasts
- Tax services
- Global Reward Services
- Accounting methods & credits
- Credits & Incentives
- Global and State R&D Incentives
- Tax Credits & Energy Advisory Services Group
- Research credits
- R&D credit incentives for small businesses
- Fixed assets
- Tax Accounting
- Compliance management
- Sales & Use Tax Compliance
- Post Tax Reform Compliance Health Check-up
- Economic & Statistical Consulting
- Economic & Valuation Services
- Excise tax
- Medical Device Excise Tax Insights
- Fuel Blending and the Excise Tax
- Indirect tax
- Indirect Tax Technology
- Value Added Tax
- Sales and Use Tax Compliance
- Business License Service
- Global Mobility Services
- Employment Tax
- Global Mobility Technology
- Mobility Consulting
- Global Reward
- International Tax
- International Tax for Asset Management
- U.S. Tax in Europe
- KPMG's international tax reform analyzer
- Mergers & Acquisitions Tax
- Tax Restructuring
- Sell-Side Tax Services
- Tax Transition Planning
- Passthroughs tax
- State and local tax
- Income & Franchise Tax
- Global Location & Expansion Services
- Unclaimed property
- State Tax Controversy
- State and Local Tax Communications Industry Practice
- Tax dispute resolution
- Post-BEPS Controversy Readiness
- Country-by-country risk assessment and benchmarking services
- Tax innovation
- Data & Analytics
- Tax Application Integration
- Tax ERP & Fixed Assets
- KPMG Digital Tax Dialogue
- Trade & Customs Services
- Global Export Controls and Sanctions
- Transfer Pricing
- Economic & Valuation Services
- Transfer Pricing Dispute Resolution
- Post-BEPS Controversy Readiness
- Valuation Services
- Economic & Valuation Services
- Value chain management
- Family offices and private client services
- Development & exempt organizations
- U.S. inbound
- Trust tax
- Information Reporting & Withholding Tax Services
- KPMG IRW & AEOI Subscription Services
- Tax transformation
- Washington National Tax
- KPMG Spark
- Ignition tax
- TaxNewsFlash-United States
- Notice 2019-01: Future regulations, foreign corporations with previously taxed earnings and profits
- KPMG report: Initial impressions of Notice 2019-01 and “ PTEP” guidance
- KPMG report: State and local responses to “Wayfair” decision (CA, DC, Philadelphia, WI)
- KPMG reports: Tax collection by facilitators (Chicago); sales tax exemption for pharmaceutical compounding (Missouri)
- Proposed regulations on “BEAT” released to Federal Register
- Tax implications, federal district court and constitutionality of Affordable Care Act
- KPMG report: Analysis and observations about “BEAT” proposed regulations
- Proposed regulations on hybrid dividends, payments provision; OIRA review completed
- IRS releases draft instructions for Form 965 series
- Puerto Rico: Changes to 2018 information returns, declarations
- Puerto Rico: Summary of changes to information reporting, tax withholding
- Notice 2019-04: Extension of temporary dyed fuel tax relief, Wisconsin terminals
- KPMG report: State, local tax changes (fourth quarter 2018, table)
- Entity classification: Withdrawing change request after regulations render election undesirable
- KPMG report: “BEAT” proposed regulations, provisions applicable to insurance companies
- Rev. Proc. 2019-06: Unpaid loss discount factors, salvage discount factors for 2018 accident year (insurance)
- Proposed regulations on hybrid dividends and payments (text of regulations)
- Proposed regulations under section 864(c)(8) (text of regulations)
- KPMG’s Week in Tax: 17 - 21 December 2018
- Rev. Proc. 2019-9: Adequate disclosures to reduce accuracy-related penalty
- Notice 2019-06: Future regulations will address centralized partnership audit regime
- Notice 2019-05: Hardship exemptions, individual shared responsibility payment and health insurance
- Third Circuit: Civil penalty assessment for FBAR violation requires “willful conduct”
- Wisconsin: Elective passthrough entity tax regime enacted
- Rev. Proc. 2019-08: “Qualified real property” expensing under section 179, alternative depreciation under section 168
- US IRS contingency plan during government shutdown
- Final regulations: Tax-exempt private activity bonds, “public approval requirement”
- IRS releases annual revenue procedures for 2019
- KPMG reports: Mississippi, Missouri, Texas, Philadelphia
- U.S. Treasury’s quarterly list, countries cooperating with international boycott (no changes)
- KPMG report: Initial impressions, observations on proposed FDII, GILTI regulations under section 250
- Puerto Rico: Electronic filing requirements of Forms W-2 for tax year 2019
- Proposed regulations: Transition from interbank offered rates (IBORs) to other reference rates
- Costa Rica: Income tax treaty with Mexico
- Costa Rica: Overview of tax reform law measures
- TaxNewsFlash-Tax Reform
- Regulations pending OIRA review, section 250 deductions for foreign derived intangible income and GILTI
- JCT general explanation of new tax law (Bluebook)
- Proposed regulations under section 163(j) released to Federal Register
- KPMG report: Initial impressions of proposed regulations under section 864(c)(8)
- KPMG report: Preliminary analysis and observations regarding certain international provisions in JCT Bluebook
- KPMG report: Initial impressions, proposed regulations implementing “anti-hybrid” provisions of new tax law
- KPMG report: Preliminary analysis and observations regarding certain passthrough provisions in JCT Bluebook
- Proposed regulations under section 864(c)(8) released to Federal Register
- Rev. Proc. 2019-12: Safe harbors, business taxpayer payments for state, local tax credits
- KPMG report: Preliminary analysis and observations regarding application of section 163(j) to passthrough entities in JCT Blueblook
- Final regulations released to Federal Register, 'transition tax' under sect
- Final regulations under section 199A released to Federal Register
- KPMG report: Changes in corrected final regulations under section 199A
- Regulations: Dividends received deduction limitation when from certain foreign corporations (text of regulations)
- Final GILTI regulations, text of regulations
- Proposed regulations: Section 958 (determining stock ownership) and section 951A (GILTI) (text of regulations)
- TaxNewsFlash-FATCA / IGA / CRS
- British Virgin Islands: Amendments to CRS rules
- KPMG report: Analysis and observations about proposed regulations, FATCA burden relief
- Australia: ATO guidance explains AEOI obligations
- Malta: Updated guidelines, implementation of DAC2 and CRS
- Australia: Guidance on FATCA and CRS regimes
- Japan: Transfer pricing proposals focus on hard-to-value intangibles
- Latvia: Transfer pricing documentation requirements apply for 2018
- India: Country-by-country reporting deadline extended
- Denmark: Landmark transfer pricing decision from Supreme Court
- Australia: GST on acquisitions and supplies in retail banking sector
- Japan: Corporate and international tax proposals in tax reform package
- Poland: VAT and commercial real estate transactions
- Luxembourg: Updates on ATDA 1, interest limitation, MLI and tax treaty
- Czech Republic: Assessing transfer prices, determining permanent establishment’s tax base
- Luxembourg: Refund claims for withholding tax on dividends, new opportunity
- Czech Republic: Changes to VAT law proposed for 2019
- Czech Republic: Reminder of deadline to register beneficial owners
- Netherlands: Consultation on directive for disclosure of cross-border tax arrangements
- Italy: Proposal for “web tax” on electronically supplied services
- France: Revenue from tax proposals to finance new social measures
- Serbia: Tax law measures enacted for 2019
- Gibraltar: Anti-tax avoidance measures concerning interest limitation, CFCs, hybrid mismatches
- Gibraltar: Corporate tax exemption regime for interest and royalties, EC state aid investigation
- Final regulations: Drawback claims, rule changes
- EC’s “no-deal” Brexit contingency action plan, customs guidance
- U.S. investigations, cast iron soil pipe imported from China
- Annual revenue procedures for 2019 for exempt organizations
- Notice 2019-09: Interim guidance on excise tax imposed under section 4960, excess remuneration
- IRS TE/GE division releases summary of FY 2018 accomplishments
- XML
- Search
- Errors
- 404 Error
- Internal Server Error - KPMG Tax
- 403 Forbidden
- Sitemap
- Meet our team