SUMMARY : Johnson Controls and other corporate taxpayers challenged Kentucky legislation that barred refund claims based on the state's change from separate return to combined filing. The Kentucky Supreme Court denied the taxpayers cont ...

The poor economy has created a budgetary crisis for many state governments. One solution is to expand a state's taxes to include companies earning income or with benefits that are seen occurring in the state. There are controversies on "attributio ...

In the past several years, Judge Sheryl Ramstad has decided no less than seven cases in favor of go ...

Under the Michigan Business Tax Act, every taxpayer with business activity in the state is subject to the business income tax. The business income tax base, which is a taxpayer's "business income" as defined in Continue reading >>

SUMMARY: In sustaining the constitutionality of Ohios Commercial Activity Tax (CAT) as applied to the gross receipts from the sale of food for human consumption, the Ohio Supreme Court has reaffirmed the prin ...

Summary : In 2008, New York enacted the Amazon Tax Law, requiring certain e-tailers to collect and remit tax on sales to NY residents. The law has created controversy as to whether the relationship between the e-tailers and the in-state ...

Inheritance tax imposes a tax on the right of succession, while estate tax is a tax against property. The former is enforceable against the individual transferees or those with dominion and control over the property, while the latter is due by way of e ...

The federal government “Consumer Assistance to Recycle and Save Program" (CARS),Title XIII of PL 111-32 (2009), 123 Stat. 1859, a.k.a. “Cash for Clunkers”, is effective until November 1, 2009. The program promotes purchases ...

New IRC Section 108(i), enacted as part of the American Recovery and Reinvestment Tax Act of 2009 (ARRTA), provides corporations and certain non-corporate borrowers a cancellaton of debt (COD) income deferral el ...

Although federal law precludes the recognition of same-sex couples as married partners for federal income tax purposes, the states have taken different approaches.  Adoption of same-sex marriage or other recognizable relationship for tax purp ...

Before a purchaser buys either all or substantially all of the assets or stock of a business, the purchaser needs to ensure that it is not also acquiring that business's old tax troubles. Under the laws of most states, the purchaser can, in fact, be he ...

Many multi-state corporations operate in states that do not require combined reporting and that employ one or more tax-avoidance strategies to reduce their overall tax liability, causing significant declines in corporate tax revenues for the states. Ma ...

A common issue that generates controversy is whether interest earned on unclaimed property belongs to the owner or the state. State courts have reached inconsistent and irreconcilable conclusions as to whether those earnings must be paid to an owner on ...

This article examines what is potentially one of the biggest malpractice exposure issues waiting to explode: negligent omissions of available tax credits by ...

Difficult economic times sometimes result in states finding new and more creative ways to generate additional revenue. The new California 20% corporate understatement penalty may be jus ...