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Multistate Tax  |  September 16, 2022
State Tax Matters
State Tax Matters
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Sales/Use/Indirect:
Oklahoma: Amended Rules Include New Exemption on Certain Intercompany Transfers of TPP

Amended Rules 710:65-1-7, 710:65-7-13, 710:65-7-15, 710:65-13-30, 710:65-13-201, 710:65-13-275, 710:65-13-368, 710:65-13-369, 710:65-13-370, 710:65-13-470, and 710:65-19-305, Okla. Tax Comm. (eff. 9/11/22). The Oklahoma Tax Commission recently adopted amendments to several administrative rules, including one which reflects legislation enacted in 2021 [see H.B. 1060 (2021) and State Tax Matters, Issue 2021-19, for more details on this law change] that exempts from Oklahoma sales and use tax the transfer of tangible personal property between wholly owned subsidiaries of a parent company, as well as between a parent company and its wholly owned subsidiary. Please contact us with any questions.

 

—

Collin Koenig (Kansas City)

Manager

Deloitte Tax LLP

Bryan Martella (Houston)

Manager

Deloitte Tax LLP



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In this issue

Income/Franchise
Arkansas: Proposed Rule Implements Election to Pay Tax at the PTE Level

Arkansas Rulings Address Intercompany Expenses, Alternative Apportionment, Sourcing and NOLs

Idaho: Proposed Rules Reflect Single Sales Factor Apportionment and Market-Based Sourcing

Montana: Amended Rules Address Reporting of Federal Partnership Audit Adjustments under BBA

Sales/Use/Indirect
Illinois: Proposed Rules Address Nexus, Occasional Sales, and Leveling the Playing Field for Retail Act

Missouri: M&E Used to Produce Vehicle History Reports Does Not Qualify for Manufacturing Exemption

Oklahoma: Amended Rules Include New Exemption on Certain Intercompany Transfers of TPP

Pennsylvania: Retailers Selling through Online Marketplace’s Merchandise Fulfillment Program Lack Nexus

South Carolina Supreme Court Affirms Bookseller’s Membership Fees are Part of Taxable Sales of TPP

Multistate Tax Alerts



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