MONDAY SALT UPDATE - 20/20 FORESIGHT
I apologize I haven't written about specific state tax developments in a while. Ever since the hernia, I have been focused on big picture issues, recovering, and setting up my new venture, LEVERAGE SALT, LLC.
In any case, I am going to start a regular post on Mondays entitled "20/20 FORESIGHT" which will contain a brief list (no detail) of developments I think you need to be aware of.
Here is today's edition:
- Connecticut's tax amnesty program begins today (9/16/13) and will run through November 15, 2013
- Louisiana's tax amnesty program (one of them) will begin 9/23/13 and run through November 22, 2013
- Los Angeles tax amnesty program began September 1 and runs through December 2, 2013
- District of Columbia amended combined reporting provisions and repealed Multistate Tax Compact (MTC) apportionment election provisions
- California's recent changes to their Enterprise Zone program may get changed (clarified) by two bills sent to the Governor
- Business Activity Simplification Act of 2013 (rises again!) introduced on August 2, 2013 by a Wisconsin Congressman; Act would expand PL 86-272 protection; codify physical presence standard and require Joyce apportionment standard (would provide uniformity??)
- Virginia requires online sales tax collection starting 9/1/13
- Anheuser-Busch direct appeal to Michigan Supreme Court regarding MTC apportionment election denied
- MTC membership being modified by states due to the apportionment election litigation (most recently, South Carolina and Minnesota)
- District of Columbia providing automatic 7 month extension to file combined reports for taxpayers that filed an extension require before the original due date
- A federal appellate court ruled on August 20, 2013 that the injunction against Colorado's use tax notice and reporting requirement be dissolved
- Everyone hates the Marketplace Fairness Act
- Everyone loves the Marketplace Fairness Act
- Oregon going after tax havens with new statute
- Zapper (phantom ware in cash registers) is apparently a new epidemic
- New York appellate court holds Metropolitan Transportation Authority's payroll tax is constitutional (may impact protective refund claims)
- Michigan close to approving affiliate and click-through nexus legislation
- Texas Governor promotes state's low taxes to businesses everywhere (or so it seems)
- Missouri enacted legislation providing new single sales factor apportionment election and expanding sales tax nexus
- Arizona enacted Transaction Privilege Tax changes
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State Tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
You can reach Brian at firstname.lastname@example.org.
Because state and local taxes are deceptively simple and endlessly complicated.