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.
California Franchise Tax Board guidance on application of P.L. 86-272 to activities conducted via the internet On February 14, 2022, the California Franchise Tax Board issued Technical Advice Memorandum 2022-01 (TAM 2022-01) discussing whether the protections of 15 USC. sections 381-384 (P.L. 86-272) applied to certain fact patterns now common in businesses due to technological advancements – namely, various activities conducted via the internet.
This Multistate Tax Alert summarizes some of the information in TAM 2022-01 and provides some taxpayer considerations. [Issued: February 28, 2022] More
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