Deloitte
Multistate Tax  |  June 17, 2022
State Tax Matters
State Tax Matters
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Sales/Use/Indirect:
Pennsylvania DOR Notice Adds Non-Fungible Tokens to List of Taxable Digital Products

Notice of Taxable and Exempt Property, Penn. Dept. of Rev. (6/11/22). The Pennsylvania Department of Revenue issued guidance in accordance with state law requiring periodic notice of additions, deletions, and revisions to its list of taxable and exempt property under Pennsylvania sales and use tax law – providing among other updates that Pennsylvania sales and use tax generally applies to transfers of digital products, including non-fungible tokens (NFTs). Please contact us with any questions.

 

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Louisa Matthews (Pittsburgh)

Managing Director

Deloitte Tax LLP

Steven Thompson (Philadelphia)

Managing Director

Deloitte Tax LLP



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In this issue

Income/Franchise
Maryland: Administrative Guidance Explains Apportionment and Decoupling from Federal Income Tax

New Mexico: Payments Under New Optional PTE-Level Tax Submitted Annually

Ohio: New Law Creates Elective PTE-Level Tax with Refundable Owner Credits

Virginia Department of Taxation Asks for Input on PTE Tax Election Guidance by July 11

Wisconsin Tax Appeals Commission Says P.L. 87-272 Only Affords Protection on Sales of TPP, Not Services

Credits/Incentives
Texas Comptroller Issues Proposed Amendments to R&D Rules and Requests Comments within 30 Days

Sales/Use/Indirect
Pennsylvania DOR Notice Adds Non-Fungible Tokens to List of Taxable Digital Products

Gross Receipts
Washington: US Supreme Court Denies Reviewing Constitutionality of Added 1.2% B&O Tax on Banks

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