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.
Ohio enacts pass-through entity tax election On June 14, 2022, the Ohio governor signed Senate Bill 246 (S.B. 246) into law. Under the legislation, qualifying 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 the Ohio pass-through entity tax election. [Issued: June 16, 2022] More
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