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.



Kansas enacts pass-through entity tax election

On April 14, 2022, Kansas’ Governor signed House Bill 2239 (H.B. 2239) into law. Under the legislation, pass-through entities may make an annual election to pay an entity level state tax for taxable years beginning on or after January 1, 2022.

This Multistate Tax Alert summarizes some of the provisions of H.B. 2239.
[Issued: April 19, 2022] More



New York 2022-2023 budget includes revisions to pass-through entity tax and creates New York City pass-through entity tax

On April 9, 2022, New York Governor Kathy Hochul signed into law New York’s 2022-2023 Budget Act, including Senate Bill S8009C/Assembly Bill A9009C (“the Budget Act”). The Budget Act makes certain revisions to the New York pass-through entity tax (the “NYS PTET”) under New York Tax Law Article 24-A and enacts a pass-through entity tax for New York City (the “NYC PTET”) under New York Tax Law Article 24-B.

This Multistate Tax Alert summarizes some of the pass-through entity tax provisions and certain other provisions enacted in the Budget Act.
[Issued: April 27, 2022] More



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