Posts Tagged ‘SALT’
State & Local Tax (SALT) Newsletter July 2021
https://info.aprio.com/aprio-salt-newsletter-are-you-a-marketplace-facilitator-it-matters-for-taxes
Read MoreA Tennessee Ruling Puts a Spotlight on the Sales Taxability of Marketplace Facilitators
By: Tina Chunn, SALT Senior Manager At a glance: The main takeaway: Though they haven’t received as much press as economic nexus rules, many states have recently enacted sales tax collection rules for marketplace facilitators like Amazon. Impact on your business: A recent ruling out of Tennessee sheds additional light on how to determine if…
Read MoreNew York Businesses: Call-Handling Software is Subject to Sales Tax
By: Jeff Glickman, SALT Partner-in-Charge At a glance: The main takeaway: A recent tax ruling out of New York sheds light on the distinction between taxable software and nontaxable services. Impact on your business: Depending on the type of software your business provides to customers, it could be treated as either taxable or nontaxable, which…
Read MoreWhat a Recent New Jersey Tax Ruling on P.L. 86-272 Means for Businesses
By: Jess Johannesen, SALT Senior Manager At a glance: The main takeaway: A new tax court ruling out of New Jersey calls into question businesses’ protection under Public Law 86-272 (P.L. 86-272). Impact on your business: L. 86-272 provides protection from income tax liability in states where businesses would otherwise have nexus, but depending on…
Read MoreNews for Iowa Businesses: Study.com’s Online Learning Platform is Subject to Sales Tax as SaaS
By: Betsy Goldstein, SALT Manager At a glance The main takeaway: There has been much debate across states regarding the taxability of software and services accessed online. Impact on your business: The Iowa Department of Revenue’s ruling regarding Study.com, and the taxability of its online learning platform as SaaS, has major implications for businesses that…
Read MoreState & Local Tax (SALT) Newsletter June 2021
https://info.aprio.com/aprio-salt-newsletter-dont-miss-the-mark-on-employment-tax-obligations
Read MoreAllocable vs. Apportionable Income: a New Virginia Tax Ruling Tackles the Topic
By: Betsy Goldstein, SALT Manager At a glance: The main takeaway: The tax treatment of the gains from business sales as either apportionable or allocable income differs from state to state. Impact on your business: States like Virginia do not have traditional definitions of apportionable vs. allocable income, which can make the process of classifying…
Read MoreCalifornia: Taxpayer’s Out-of-State Activity Did Not Change Residency Prior to Sale of Stock
By: Tina M. Chunn, SLAT Senior Manager At a glance: The main takeaway: A recent case out of California shows that changing state residency is not a cut-and-dry issue. Impact on your business: You need to affirmatively abandon your “old” state of residence when moving to a new state to avoid complex and costly tax…
Read MoreNew Indiana Ruling Puts a Spotlight on the Sourcing of Product Sales vs. Services
By: Aspen Fairchild, SALT Associate At a glance: The main takeaway: We revisit a recently reversed Indiana case that highlights the importance of product sales versus services for state income tax purposes. Impact on your business: The ruling underscores the complexities surrounding the application of correct apportionment sourcing rules for taxpayers that provide services closely…
Read MoreMobile Workforce Protection Reintroduced in Congress, Enacted in West Virginia and Louisiana
By Jeff Glickman, SALT Partner-in-Charge At a glance: The main takeaway: Now that business travel is opening back up and more employees will be performing services in multiples states, federal and state lawmakers are contemplating legislative protections for mobile workers and their employers. Impact on your business: There are potentially costly state tax implications of…
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