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Multistate Tax  |  February 19, 2021
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State Tax Matters
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Multistate Tax Alerts

Throughout the week, we highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summary of specific multistate developments relevant to taxpayers, tax professionals, and other interested persons. Read the recent alerts below or visit the archive.

 


No new alerts were issued this period. Be sure to refer to the archives to ensure that you are up to date on the most recent releases.

 


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In this issue

Income/Franchise
Alabama: New Law Adopts Single Sales Factor and Elective Passthrough Entity-Level Taxation and Addresses GILTI and IRC §163(j)

California FTB Summarizes Recent Federal Tax Law Changes and State Decoupling from CARES Act

Massachusetts: Draft Guidance Summarizes State Treatment of Federal Partnership Audit Regime Changes

Massachusetts DOR Issues Draft Personal Income Tax Guidance on Pandemic-Related Telecommuting

Missouri: Proposed Permanent Withholding Rule Addresses Impact of Pandemic-Related Telecommuting

Montana DOR Issues Personal Income Tax Guidance on Pandemic-Related Telecommuting

Nebraska DOR Issues Guidance on State Dividend Treatment of Federal Subpart F Income

New Hampshire: Finalized Rules Implement Adoption of BPT and BET Market-Based Sourcing Rules

New York City: Updated Memo Addresses Business Corporation Taxation of TCJA’s GILTI Provisions

Sales/Use/Indirect
Maine Revenue Services States that Pandemic-Related Nexus Relief Extends through 2021

Maryland: Digital Advertising Tax Enacted with Potential Criminal Penalties for Failing to Comply

Massachusetts: Draft Guidance Summarizes New Law that Accelerates Sales Tax Remittance

Multistate Tax Alerts



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