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Multistate Tax  |  September 17, 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. ad



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
California FTB Posts Implementation Guidance on Newly Enacted Elective PTE Tax

Florida DOR Announces Temporary Corporate Income Tax Rate Reduction from 4.458% to 3.535%

Maine Revenue Services Summarizes New Bright-Line Nexus Standard for Corporate Income Tax

Pennsylvania Court Upholds DOR Policy that 2017 NOL Cap Ruling Doesn’t Apply to Earlier Years

Sales/Use
California: Proposed Changes to Drop Shipment Rule Address Marketplace Sales Transactions

Florida: Proposed Rules Reflect New Remote Seller and Marketplace Laws and Rounding Algorithm

Illinois DOR Addresses Impact of Drop Shipments in Calculating Economic Nexus Threshold

Indiana DOR Addresses Impact of Drop Shipments in Calculating Economic Nexus Threshold

Nevada: US District Court Says Streaming Entertainment Companies Don’t Owe Local Franchise Fees

Utah Administrative Guidance Addresses Implementation of Marketplace Facilitator Provisions

Multistate Tax Alerts



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