Welcome to the April 2017 issue of the Aprio State & Local Tax (SALT) Newsletter.
With dozens of different taxes imposed by the 50 states (and thousands of local jurisdictions), we recognize how challenging it is to keep up with current issues and developments. This newsletter is designed to provide insights on developments in state and local taxes including new legislation, regulations, rulings and cases addressing issues such as corporate and personal income taxes, sales and use taxes, nexus, franchise/net worth taxes, etc.
This issue of the newsletter includes articles addressing (i) a Michigan notice explaining the new ownership rules for combined groups as a result of a Court of Appeals case and possible prior-year filing requirements, (ii) a Florida administrative ruling on the taxability of drop shipments, (iii) an update on federal mobile workforce simplification legislation and a recent City of Detroit bulletin regarding the taxation of non-resident athletes, (iv) an Arizona letter ruling on the characterization of bill payment services under the transaction privilege tax and (v) federal conformity legislation recently enacted in Georgia and Arkansas.
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If you have any comments, questions or suggestions regarding current or future topics, or if you would like to learn more about Aprio's SALT Practice, please email us at firstname.lastname@example.org. Thank you.
Jeff Glickman, J.D., LL.M.
Partner-in-Charge, State & Local Tax Practice
Michigan Explains New Combined Filing Requirements for Unitary Business Groups
By Jeff Weinkle, SALT manager
As a result of a recent Court of Appeals decision that "indirect" ownership doesn't include attributional or constructive ownership, Michigan taxpayers must amend affected returns.
Aprio's State and Local Tax (SALT) practice advises clients on the state and local tax implications of their business operations, allowing clients to strategically minimize their liabilities and risks. Our team has over 50 years of combined SALT experience working in industry, state departments of revenue, public accounting and private law practice. We specialize in all areas of SALT, including matters related to state tax nexus, corporate and personal income taxes, sales/use tax, franchise/net worth taxes, credits and incentives, and mergers and acquisitions. In addition, we represent clients in administrative matters before state revenue departments around the country, including audit defense and settlement negotiations, pursuing voluntary disclosure agreements and obtaining letter rulings.
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