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Multistate Tax  |  September 8, 2023
State Tax Matters
State Tax Matters
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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.



No new alerts were issued this period. Be sure to refer to the archives to ensure that you are up to date on the most recent releases.



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In this issue

California Superior Court Denies Summary Judgment in Case Challenging FTB Guidance on P.L. 86-272 California OTA Says It Lacks Authority to Declare Rule Invalid and FTB Correctly Sourced Mutual Fund Service Receipts Georgia DOR Discusses Updated State Conformity to IRC and Decoupling from TCJA Changes to IRC §174 Illinois DOR References Caselaw Addressing Nexus for Out-of-State Insurance Companies Indiana DOR Memo Says Indiana Conforms to Federal Capital Loss Carryback Provisions Kansas DOR Announces Corporate Income Tax Rate is Reduced to 3.5% as of January 1, 2024 Minnesota DOR Summarizes New Law Updating Conformity to IRC, Taxing GILTI, and Revising DRD and NOL Amounts Nebraska DOR Posts Guidance and Forms Reflecting New Law that Retroactively Permits PTE Tax Election New Jersey: New and Updated Bulletins Reflect CBT Law Changes Involving Nexus and Combined Reporting Oregon: Proposed Changes to CAT Rules Address Cost Inputs or Labor Cost Subtraction, Filing Extensions, and Farming South Carolina DOR Addresses State Conformity to Internal Revenue Code from 2021 through 2023


California OAL Approves Department of Tax and Fee Administration’s New Marketplace Sales Rule South Carolina: Comments Requested on Draft Ruling on Expanded Meaning of Motor Vehicle for Exemption Purposes


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