Multistate Tax alert archive

All States

• August 7, 2024: IRS releases additional guidance for SAF, pilot USDA program, and SAF GREET model
• February 8, 2024: IRS releases additional guidance for sustainable aviation fuel credit
  
• October 6, 2022: Multiple states enact legislation addressing technologies specified in federal IRA and CHIPS Acts
  
• August 25, 2022: Inflation Reduction Act reinstates excise tax credits and Superfund excise tax
• August 16, 2022: Potential state tax impacts of Inflation Reduction Act

Alabama

• April 24, 2023: Alabama Tax Tribunal rules that nonresident’s income from Alabama company is subject to tax
• September 6, 2022: Alabama opinion allows intercompany interest expense exception under income tax addback statute
  
• July 12, 2022: Reminder - Alabama pass-through entity tax election due August 15
  
• September 16, 2021: Alabama proposes rule requiring pass-through entity level tax for financial institutions
• May 19, 2021: Alabama amends recent pass-through entity tax election
  
• February 17, 2021: Alabama passes wide ranging tax legislation addressing the CARES Act and federal COVID relief
  
• July 14, 2020: Alabama: Beverage-processing machines sold to wholesaler qualify for reduced use tax rate
• October 2, 2019: New Alabama law implements financial institution excise tax reformsm
• May 23, 2018: Alabama (AL) DOR issues guidance regarding IRC Section 965 deemed repatriation impact on taxpayers
• March 20, 2018: Alabama enacts tax amnesty program commencing on July 1

Arizona

• July 16, 2021: Arizona enacts elective Arizona small business tax and pass-through entity
  
• July 8, 2021: Arizona enacts broad changes to individual income tax and amends other taxes
  
• May 12, 2021: Arizona legislation addresses administrative rulings and procedures
  
• April 27, 2021: Arizona updates Internal Revenue Code conformity date
  
• July 16, 2019: Arizona updates internal revenue code conformity and enacts economic nexus

California

• November 7, 2024: San Francisco voters approve changes to city’s business taxes
  
• November 4, 2024: California’s indefinite extension of electronic notification provision for taxpayer communications
• September 24, 2024: California Franchise Tax Board proposes adoption of market-based sourcing regulation
• July 1, 2024: California enacts Senate Bills 167 and 175 on NOLs and credits
  
• June 24, 2024: California bill suspends net operating losses, limits certain tax credits, and clarifies apportionment
  
• May 6, 2024: California OTA – Deducted foreign dividends includible in sales factor
  
• February 26, 2024: California court denies FTB’s motion to modify judgment declaring P.L. 86-272 guidance invalid
  
• December 20, 2023: California court declares Franchise Tax Board P.L. 86-272 guidance invalid
  
• August 8, 2023: California OTA - Activities related to deductible income permitted in apportionment factor
  
• July 14, 2023: California enacts legislation requiring income from ING trusts to be included in grantor’s income and subject to tax
  
• February 1, 2023: California postpones requirement to report California tax basis capital accounts until tax year 2023
  
• September 8, 2022: California proposed legislative fix for pass-through entity tax issue
  
• August 10, 2022: California ruling on sourcing of IRC section 751 gain from the sale of a partnership interest
• August 8, 2022: California Franchise Tax Board erroneously refunds some 2022 pass-through entity tax payments
  
• June 24, 2022: Taxpayers consenting to inclusion in California’s pass-through entity tax may have a reduced other state tax credit due to calculation mechanics
  
• May 13, 2022: Nonresident withholding considerations under California’s pass-through entity tax regime
  
• April 19, 2022: California Franchise Tax Board issues guidance on sourcing gross receipts from sales of services to business entities
  
• April 15, 2022: California OTA concludes gain from goodwill constitutes apportionable business income to nonresident S corporation shareholders
  
• March 17, 2022: California provides guidance on tax basis capital accounts reporting requirement
• February 28, 2022: California Franchise Tax Board guidance on application of P.L. 86-272 to activities conducted via the internet
  
• February 16, 2022: California restores NOLs and removes the business tax credit limit for 2022
  
• February 09, 2022: California enacts changes to pass-through entity tax
• February 04, 2022: California legislature proposes changes to pass-through entity tax
• January 05, 2022: California Franchise Tax Board opines on pass-through entity structures that may be in a unitary relationship
• July 16, 2021: California enacts pass-through entity tax election
  
• June 9, 2021: California Legislature moves A.B. 71, relating to taxation of GILTI and repatriation income, to inactive file
  
• May 21, 2021: California Legislature proposes A.B. 71, relating to taxation of GILTI and repatriation income-Updated
  
• May 19, 2021: California Franchise Tax Board to hold Sixth Interested Parties Meeting on market-based sourcing regulation
• April 30, 2021: California Governor signs A.B. 80 relating to PPP loans
  
• January 19, 2021: California FTB Grants Automatic Consent for California-Only Accounting Method Changes
  
• November 13, 2020: San Francisco Voters Approve Ballot Measures Overhauling City’s Business Taxes and Imposing a New “Overpaid Executive Gross Receipts Tax"
  
• October 9, 2020: California Law Excludes PPP Loans Forgiven under the CARES Act from Gross Income
  
• October 7, 2020: California legislature allows certain non-US affiliates to deem to elect water’s edge
• September 30, 2020: California legislature allows group returns for international business travelers
• July 15, 2020: California FTB proposes additional amendments to market-based sourcing rules
• July 13, 2020: California court of appeal rules that a Trust is taxable on all California source income, without regard to the residence of fiduciaries
• June 30, 2020: California enacts three-year NOL suspension and business tax credit limit
• June 18, 2020: California Governor’s revised budget proposes 3-year NOL suspension and business incentive tax credit limit
• April 10, 2020: New California pass-through entity withholding forms for 2020
• December 19, 2019: California issues Legal Ruling 2019-02 on disregarded limited partnerships (not LLCs)
• December 10, 2019: California: Office of Tax Appeals determines Value Added Tax (VAT) on services includible in sales factor
• November 8, 2019: California law expands interstate sales and use tax truck exemption
• August 14, 2019: San Francisco updates—Superior Court rejects challenges to Commercial Rents, Homelessness Gross Receipts Taxes (GRT), and other developments
• July 30, 2019: California releases legal ruling addressing requests for variance from standard apportionment formulas
• July 17, 2019: California conforms to several federal tax reform provisions
• July 15, 2019: California FTB proposes new method for sourcing receipts from asset management services
• June 6, 2019: California: Revised proposed withholding requirements for domestic pass-through entities—public comments due June 17, 2019
• March 1, 2019: CA FTB notice applies IRC § 367 regulations to transactions with insurers
• December 13, 2018: San Francisco tax update
• December 5, 2018: CA CCR Ruling: Mortgage servicing contracts and interest rate hedging contracts do not generate financial income
• August 28, 2018: California Court of Appeal—class action suit seeking a total refund of LLC fees may move forward
• June 5, 2018: California FTB allows oral hearings for FTB-initiated proposed variances from standard apportionment
• May 31, 2018: California FTB issues proposed language for new Regulation Section 23663-6
• May 1, 2018: California FTB issues final report on California’s conformity to 2017 federal income tax changes
• April 13, 2018: California FTB issues three of four anticipated reports on California’s conformity to 2017 federal income tax changes
• February 28, 2018: California apportionment and allocation of partnership income—proposed FTB amendments
• February 20, 2018: California FTB issues Preliminary Report on California’s conformity to various provisions of the Federal Tax Reform Act

Colorado

• May 19, 2022: Colorado enacts changes to pass-through entity tax
  
• June 30, 2021: Colorado enacts pass-through entity tax election
  
• June 29, 2021: Colorado enacts several law changes impacting income and indirect taxes
  
• January 19, 2021: Colorado—Significant new developments in home rule municipalities
  
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020
• July 10, 2019: Colorado enacts sales tax legislation
• June 15, 2018: Colorado enacts market-based sourcing provisions

Connecticut

• July 14, 2023: Connecticut extends corporation business tax surcharge and makes pass-through entity tax optional
  
• July 9, 2021: Connecticut enacts biennium budget bill
  
• July 25, 2019: Connecticut enacts broad tax changes during 2019 legislative session
• June 7, 2018: Connecticut enacts new pass-through entity tax and other tax law changes

Delaware

• January 19, 2024: Delaware—Invitations for 2024 unclaimed property voluntary disclosure agreement regulations
  
• November 20, 2023: Delaware unclaimed property audit notices sent to companies that failed to respond to VDA invitations
  
• October 12, 2023: Expansion of Delaware’s unclaimed property compliance efforts
  
• July 25, 2023: Delaware sends additional unclaimed property VDA program invitations
• February 27, 2023: Delaware – Invitations for 2023 unclaimed property voluntary disclosure agreement

Florida

• July 8, 2021: Florida updates Internal Revenue Code conformity while decoupling from certain federal provisions
  
• April 21, 2021: New Florida requirement to collect and remit sales tax for remote sellers and marketplace providers
  
• August 13, 2019: Florida legislative update
• March 30, 2018: Enacted Florida legislation provides for IRC conformity update and other tax law changes

Georgia

• June 1, 2023: Georgia and Indiana enact legislation relating to IRC section 174
  
• May 8, 2023: Georgia imposes sales tax on certain digital products and decouples from TCJA changes to IRC section 174
• May 8, 2023: Georgia enacts changes to pass-through entity tax
• May 5, 2022: Georgia enacts elective consolidated filing for affiliated corporations
  
• May 13, 2021: Georgia enacts judicial deference law
• May 13, 2021: Georgia enacts a pass-through entity-level tax election
• April 6, 2018: Georgia S.B. 328 enacted—provides for full subtraction of GILTI income 
• March 19, 2018: GA H.B. 918 enacted—includes IRC conformity amendment and income tax rate reductions

Hawaii

• June 5, 2023: Hawaii enacts pass-through entity tax election
  
• January 05, 2022: Hawaii issues guidance on REIT notification requirement
  
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020

Idaho

• April 11, 2023: Idaho State Tax Commission adopts market-based sourcing rules
  
• April 13, 2022: Idaho enacts law to protect Idaho businesses from taxation by other jurisdictions
  
• March 21, 2022: Idaho adopts single sales factor and market sourcing apportionment
• May 11, 2021: Idaho enacted legislation reduces income tax rates and provides one-time tax rebate
  
• May 10, 2021: New Idaho law shifts burden of exemption or resale certificate to the purchaser
  
• April 29, 2021: Idaho enacts a pass-through entity-level tax election
  
• May 29, 2018: Recent Idaho law amendments provide income tax rate reductions and amend IRC conformity

Illinois

• July 11, 2024: Illinois fiscal year 2025 state tax incentive package
• June 17, 2024: Illinois fiscal year 2025 state budget tax highlights
  
• June 30, 2023: Illinois fiscal year 2024 budget highlights
• December 8, 2022: Illinois pass-through entity tax Q4 estimated payments due December 15 for calendar year taxpayers
  
• September 12, 2022: Illinois amends regulation defining taxable in other jurisdictions
  
• August 31, 2021: Illinois enacts pass-through entity tax election
  
• June 16, 2021: Illinois fiscal year 2022 state budget highlights
  
• June 4, 2021: Illinois proposes new pass-through entity tax election
• November 4, 2020: Illinois Voters Rejected Graduated Income Tax Rate
  
• September 18, 2019: Illinois revises definition of compensation paid in state, employer withholding requirements
• August 16, 2019: Illinois passes credit reforms
• July 3, 2019: Illinois legislature adopts substantial changes to tax laws
• January 18, 2018: IL Appellate Court—compressed natural gas not subject to motor fuel tax

Indiana

• February 24, 2023: Indiana enacts pass-through entity tax election 
• June 1, 2021: Indiana updates Internal Revenue Code conformity
  
• August 17, 2020: State advance pricing agreement and transfer pricing audit initiatives in Indiana and North Carolina
• May 24, 2019: Indiana passes legislation to adopt market sourcing and enact other tax law changes
• June 11, 2018: Enacted Indiana legislation provides for IRC conformity update, decouples from new IRC Section163(j) and expands DRD

Iowa

• May 12, 2023: Iowa enacts pass-through entity tax election
• June 18, 2021: Iowa enacts tax relief bill that includes several income tax law changes
  
• June 18, 2018: Iowa enacts income tax and sales/use tax changes

Kansas

• April 19, 2022: Kansas enacts pass-through entity tax election
  
• May 5, 2021: Kansas Legislature overrides Governor veto to enact significant indirect and income tax law changes

Kentucky

• March 27, 2023: Kentucky enacts pass-through entity tax election
• April 18, 2022: Kentucky enacts various indirect and income tax changes and establishes a tax amnesty program
  
• May 14, 2019: Kentucky enacts omnibus tax bills
• May 29, 2018: Enacted Kentucky legislation provides for mandatory combined reporting for unitary businesses and additional sales tax changes
• April 27, 2018: Kentucky legislation provides for IRC conformity update, apportionment changes, and flat five percent tax rate

Louisiana

• April 19, 2024: Louisiana modifies approval process for the Industrial Tax Exemption Program
• July 25, 2023: Louisiana enacts changes to pass-through entity tax election
  
• June 29, 2023: Louisiana repeals sales factor throw-out rule
  
• February 23, 2023: Louisiana Board of Tax Appeals rules that cloud storage services are exempt under the ITFA
  
• November 18, 2021: Louisiana voters ratify constitutional amendment reducing tax rates and repealing federal income tax deduction
  
• November 4, 2021: Louisiana announces Transfer Pricing Managed Audit Program

• July 7, 2021: Louisiana enacts law to extend carryover of corporate net operating losses to an indefinite period
• January 27, 2021: Louisiana appellate court holds gains from sale of LLC interest included in sales factor denominator
  
• August 7, 2018: Enacted Louisiana sales and use tax law amends tax rate and availability of exclusions/exemptions
• July 17, 2018: Enacted Louisiana law addresses the timing of expiring corporate income tax provisions

Maryland

• May 23, 2023: Maryland Supreme Court vacates lower court rulings on digital advertising services tax
  
• October 24, 2022: Maryland circuit court strikes down tax on digital advertising services
  
• April 18, 2022: Lawmakers enact and propose fuel tax suspensions and relief
  
• June 3, 2021: Maryland enacts emergency bill addressing taxation of digital advertising and digital products
• February 18, 2021: Maryland enacts tax on digital advertising services
  
• June 3, 2020: Maryland enacts optional election allowing pass-through entities to pay income tax with respect to resident members
• May 16, 2018: Enacted Maryland law phases in single sales factor apportionment formula

Massachusetts

• November 6, 2023: Massachusetts Life Sciences Center Tax Incentive Program expected to open in December 2023
  
• October 4, 2023: Massachusetts adopts significant tax legislation, including adoption of single sales factor in 2025
  
• December 7, 2022: Massachusetts issues guidance interpreting VAS Holdings
  
• July 15, 2022: Massachusetts Supreme Court denies motion for reconsideration in apportionment case
• January 13, 2022: Massachusetts pass-through entity tax estimated payments due January 18, 2022
• October 8, 2021: Massachusetts enacts pass-through entity tax election
  
• June 8, 2021: Massachusetts Supreme Judicial Court rules in favor of taxpayers on sales tax apportionment for software
  
• October 21, 2019: Massachusetts Life Sciences Center tax incentive program
• July 19, 2019: Massachusetts Appeals Court uses an entity level transactional approach in applying cost of performance rules
• December 4, 2018: Massachusetts enacts legislation clarifying the income tax treatment of GILTI for corporate excise tax purposes
• July 24, 2018: MA ATB—Retailer is 'manufacturing corporation' for Massachusetts Excise tax

Michigan

• December 21, 2021: Michigan enacts flow-through entity tax election
  
• July 27, 2020: Michigan issues notice on the corporate income tax treatment of IRC 163(j)
• January 28, 2019: Enacted Michigan legislation—amends financial institution tax base calculation
• January 30, 2018: January 30, 2018: MI Appellate Court—Legal services sourced to client location for Detroit City Income Tax sales factor purposes

Minnesota

• May 31, 2023: Minnesota enacts retail delivery fee and other sales and use tax law changes
  
• May 30, 2023: Minnesota enacts several changes to its income and franchise tax laws
  
• January 31, 2023: Minnesota tax bill updates IRC conformity date
• July 6, 2021: Minnesota enacts pass-through entity tax election
  
• June 26, 2019: Minnesota enacts broad tax changes including retroactive IRC conformity

Mississippi

• April 20, 2022: Mississippi clarifies sales and use taxation of computer software and related services
• April 19, 2022: Mississippi enacts pass-through entity tax election
  

Missouri

• July 31, 2024: Missouri enacts changes to pass-through entity tax, including opt-out election
  
• July 7, 2022: Missouri enacts pass-through entity tax
  
• June 30, 2021: Missouri enacts several indirect and income tax law changes
  
• July 31, 2018: Enacted Missouri legislation includes personal income tax changes
• July 26, 2018: Missouri sales tax amendment enacted—manufacturing includes telecommunication services
• June 26, 2018: Enacted Missouri legislation includes future reduction to corporate income tax rate and apportionment changes

Montana

• May 22, 2023: Montana enacts pass-through entity tax election
• June 2, 2021: Montana enacts legislation increasing class eight business equipment tax exemption
• May 28, 2021: Montana enacted legislation creates employer job growth incentive tax credit
  
• May 18, 2021: Montana enacted legislation modifies corporate apportionment factor, overhauls individual income tax law, and eliminates numerous tax credits

Nebraska

• October 23, 2024: Nebraska Supreme Court upholds taxation of section 965 income
• June 13, 2023: Nebraska enacts pass-through entity tax election

Nevada

• January 28, 2021: Nevada Department of Taxation announces that upcoming amnesty program begins February 1

New Jersey

• September 24, 2024: New Jersey enacts tax credits related to investments in artificial intelligence
• July 13, 2023: New Jersey enacts changes to corporation tax laws
  
• June 27, 2022: New Jersey announces Transfer Pricing Initiative
  
• January 20, 2022: New Jersey revises elective pass-through entity business alternative income tax
  
• October 6, 2021: New Jersey extends compliance initiative for Corporation Business Tax
  
• June 14, 2021: New Jersey announces compliance initiative for Corporation Business Tax
  
• January 13, 2021: New Jersey Economic Recovery Act of 2020 Creates a New Suite of Economic Development Programs
  
• July 8, 2020: Proposed New Jersey regulations address market-based sourcing
• June 30, 2020: New Jersey issues temporary rules addressing GILTI, FDII, and Addback provisions
• June 1, 2020: New Jersey: Net deferred tax liability deduction form must be filed by July 1
• January 24, 2020: New Jersey establishes elective entity tax for pass-through entities (PTE)
• October 26, 2018: New Jersey A4495 enacted conforming CBT to IRC Sec. 250 deduction and amending mandatory combined reporting provisions
• July 25, 2018: New Jersey law establishes a tax amnesty program
• July 18, 2018: New Jersey enacts sweeping Corporate Business Tax changes
• July 3, 2018: New Jersey enacts, on July 1, sweeping corporate business tax changes
• June 22, 2018: New Jersey Superior Court appellate division affirms Tax Court decision in MCI
• June 13, 2018: New Jersey authorizes the creation of charitable funds for property tax credit purposes
• February 6, 2018: New Jersey modifies provisions applicable to certain tax credit transfers

New Mexico

• March 8, 2024: New Mexico enacts flat corporate income tax rate and taxes Subpart F income
  
• April 10, 2023: New Mexico enacts changes to pass-through entity tax
  
• March 09, 2022: New Mexico enacts pass-through entity tax election
  
• July 29, 2021: New Mexico issues guidance for gross receipts tax destination-based sourcing rules for sales of services
  
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020
• September 25, 2019: New Mexico enacts sweeping tax legislation

New York

• January 11, 2024: New York adopts final corporate income tax regulations
  
• December 28, 2023: New York corporate income tax regulations published December 27, 2023
  
• September 29, 2023: New York formally proposes corporate income tax regulations
• September 8, 2023: Updated New York State and New York City pass-through entity tax guidance
  
• May 17, 2023: New York enacts 2023 – 2024 Budget Act
• February 24, 2023: Reminder: New York State and City pass-through entity tax deadlines approaching
  
• February 15, 2023: New York 2024 Executive Budget would extend higher Article 9-A tax rates and amend MCTMT
  
• September 13, 2022: New York enacts economic nexus for NYC Business Corporation Tax and accelerates NYC PTET to tax year 2022
  
• August 29, 2022: New York pass-through entity tax considerations for 2022 tax year
  
• August 2, 2022: New York Appellate Court reverses Tax Appeals Tribunal in statutory resident case
  
• August 2, 2022: New York releases “final update” to draft corporate apportionment regulations – impact to investment managers
  
• June 01, 2022: New York City provides interest and penalty relief for S corporations making the New York State pass-through entity tax election
  
• May 14, 2022: New York extends the election deadline for the tax year 2022 Pass-through Entity Tax to September 15
  
• April 27, 2022: New York 2022-2023 budget includes revisions to pass-through entity tax and creates New York City pass-through entity tax
  
• April 6, 2022: New York Supreme Court Appellate Division holds broker-dealer sourcing rules do not apply to non-broker-dealer disregarded entities
• October 7, 2021: Recent guidance addressing New York’s new pass-through entity tax
  
• June 7, 2021: Overview of New York's new pass-through entity tax
• April 24, 2020: New York 2020-2021 State Budget Bill enacted
• August 2, 2019: New York releases revised draft corporate regulation on market-based sourcing for investment managers
• July 31, 2019: New York enacts new treatment of GILTI and changes to SUT economic nexus threshold
• July 31, 2019: New York State 2019-2020 budget bill enacted
• May 9, 2018: New York 2018–2019 state budget bill enacted

North Carolina

• April 10, 2023: North Carolina enacts changes to pass-through entity tax
  
• May 2, 2022: North Carolina issues guidance on pass-through entity tax
  
• January 18, 2022: 2022 North Carolina county tier designations and average wages for economic development incentive programs
  
• December 02, 2021: North Carolina enacts pass-through entity tax election
  
• November 30, 2021: North Carolina enacts income and franchise tax law changes
• March 23, 2021: 2021 North Carolina county development tier designations and average wages
  
• March 4, 2021: North Carolina’s Transfer Pricing Initiative nets $100 million: Will other states follow?
  
• August 17, 2020: State advance pricing agreement and transfer pricing audit initiatives in Indiana and North Carolina
• July 27, 2020: North Carolina creates COVID-19 job retention program
• December 9, 2019: North Carolina tax legislation enacted
• April 26, 2019: US Supreme Court hears oral arguments in North Carolina trust due process case
• July 17, 2018: North Carolina tax legislation enacted

Ohio

•  July 17, 2023: Ohio passes FY2024-FY2025 operating budget, enacting various tax changes
• December 7, 2022: Ohio Supreme Court rules in favor of Taxpayer regarding broadcast receipts and licensing fee sourcing
  
• June 28, 2022: Ohio clarifies tax treatment of the sale of business interest
  
• June 16, 2022: Ohio enacts pass-through entity tax election
• May 25, 2022: Ohio enacts reforms to local government authority to contest real property assessment values
• July 9, 2021: Ohio enacts budget bill impacting income and indirect taxes
  
• November 30, 2020: Ohio Supreme Court upholds centralized collection system for net-profits taxes
  
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020
• August 7, 2019: Ohio Governor DeWine signs Biennial budget bill

Oklahoma

• June 18, 2019: Oklahoma law establishes entity-level income tax election for pass-through entities—action may be required by June 28, 2019

Oregon

• August 4, 2023: Oregon extends pass-through entity tax and enacts CAT updates
  
• October 6, 2022: Portland, Oregon adopts market-based sourcing ordinances
  
• February 15, 2022: Oregon Supreme Court upholds E911 Tax on out-of-state telecommunications company
  
• January 19, 2022: Oregon Department of Revenue issues various administrative rules
• November 15, 2021: Oregon Tax Court reconsiders decision on apportionment of Subpart F and dividend income
• September 16, 2021: Oregon Tax Court decides nexus challenge to Tobacco Products Tax
  
• July 27, 2021: Oregon enacts modifying provisions of the Corporate Activity Tax
  
• July 27, 2021: Oregon enacts temporary elective pass-through entity business alternative income tax
  
• July 27, 2021: Oregon enacts modifications to the elective reduced personal income tax rates for certain pass-through income
  
• May 25, 2021: Oregon enacts sales factor apportionment rules for broadcasters
  
• March 24, 2021: Oregon Tax Court decision regarding apportionment of Subpart F income and dividend income
  
• February 9, 2021: Oregon Tax Court decision regarding apportionment and income classification
  
• July 8, 2020: Oregon Corporate Activity Tax (CAT): Technical amendment bill passes, and permanent rules finalized
• June 18, 2020: Oregon issues second notice of proposed rulemaking for Corporate Activity Tax (CAT) administrative rules
• June 1, 2020: Greater Portland area voters approve new personal income and business profits taxes
• May 18, 2020: Oregon issues a draft Corporate Activity Tax (CAT) administrative rule regarding financial institutions
• May 1, 2020: Oregon issues Notice of Proposed Rulemaking for Corporate Activity Tax (CAT) administrative rules
• February 5, 2020: Oregon releases four additional temporary Corporate Activity Tax (CAT) administrative rules
• January 13, 2020: Oregon releases 12 temporary Corporate Activity Tax (CAT) administrative rules
• October 4, 2019: Oregon 'Corporate Activity Tax' now effective law, applies to tax years beginning on or after January 1, 2020
• May 20, 2019: Oregon enacts Corporate Activity Tax (CAT), imposed on modified gross receipts
• November 12, 2018: Portland voters approve one percent gross receipts tax on large retailers
• September 7, 2018: Oregon Supreme Court upholds a broad interpretation of 'receipts from broadcasting'
• April 23, 2018: Oregon legislation creates new add-backs of federal tax reform deductions, repeals tax haven law
• January 26, 2018: Oregon Department of Revenue issues final market-based sourcing rule

Pennsylvania

• December 21, 2023: Pennsylvania changes treatment of certain grantor trusts

South Carolina

• March 18, 2024: South Carolina limits Department of Revenue use of combined reporting as alternative apportionment method
  
• January 18, 2022: South Carolina 2022 county tier rankings for the Jobs Tax Credit
  
• May 20, 2021: South Carolina enacts a pass-through entity-level tax election and updates IRC conformity
  
• March 23, 2021: South Carolina 2021 county tier rankings

South Dakota

• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020

Tennessee

• May 13, 2024: Tennessee repeals franchise tax’s alternative property base and authorizes refunds
• April 29, 2024: Tennessee General Assembly passes bill repealing franchise tax alternative property base

• January 29, 2024: Tennessee proposes bill eliminating minimum property base measure of franchise tax
• May 16, 2023: Tennessee enacts changes to sales and use tax laws
• May 12, 2023: Tennessee enacts several changes to business tax and franchise and excise tax laws
• March 3, 2023: Tennessee treatment of FDII
  
• January 14, 2022: Tennessee repeals drop shipment rule
  

Texas

• September 29, 2023: Texas creates school district property tax incentive program
• August 22, 2022: Texas Comptroller adopts new regulations concerning research and development activities
  
• April 01, 2022: Texas Supreme Court rules in taxpayer’s favor regarding apportionment dispute
  
• December 09, 2021: Texas Comptroller adopts amended rules for R&D activities
• October 28, 2021: Texas Court of Appeals affirms net proceeds from hedging transaction included in sales factor
  
• October 15, 2021: Texas Comptroller adopts amended regulations for R&D activities
  
• June 15: Texas enacts law amending definition of “data processing service” for sales and use tax purposes
  
• April 30, 2021: Texas Comptroller proposes additional provisions potentially impacting the treatment of research and development activities
  
• April 22, 2021: Texas Comptroller proposes new treatment of research and development activities
  
• April 06, 2021: Texas Comptroller provides guidance on research and development costs includable in Texas COGS
• January 07, 2021: Texas Comptroller adopts amendments to franchise tax apportionment rules
  
• November 11, 2020: Texas Comptroller proposes amendments to franchise tax apportionment rules
  
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020
• May 26, 2020: Texas Supreme Court and Third Court of Appeals issue opinions on apportionment for Texas Franchise Tax purposes
• April 14, 2020: Texas Supreme Court reverses Appellate Court ruling involving COGS eligibility
• April 10, 2020: Texas Supreme Court issues opinions on TX COGS deduction and revenue exclusion
• March 27, 2020: Texas Low Producing Oil Well incentive likely to be reinstated
• December 20, 2019: Texas Comptroller adopts new treatment to economic nexus threshold to incorporate Wayfair
• November 19, 2019: Texas Comptroller decides interest income from operational asset included in Texas receipts
• October 3, 2019: Texas Comptroller proposes new treatment to economic nexus threshold to incorporate Wayfair
• September 16, 2019: Texas enacts provisions creating a phased-in deduction for certain costs relating to federal government contracts
• September 10, 2019: Texas Franchise Tax Rule tightens qualifications for reduced retail/wholesale rate
• July 11, 2019: Texas comptroller proposes to amend franchise tax rule for retail or wholesale trade
• November 5, 2018: Texas Comptroller ruling—Taxpayer found to not qualify for reduced Texas franchise tax rate
• September 19, 2018: Texas District Court—Apportionment based on location of production activities and fair value of services performed in Texas
• September 5, 2018: Texas Comptroller ruling—taxpayer may not include costs of purchasing franchise agreement in cost of goods sold deduction
• July 30, 2018: Texas Comptroller Decision—Taxpayer did not qualify for reduced Texas franchise tax rate
• May 21, 2018: Texas Comptroller ruling—gross proceeds from non-inventory dealer/trader transactions not included in receipts factor
• February 2, 2018: Texas ruling—oil & gas joint venture subject to franchise tax

Utah

• April 01, 2022: Utah enacts election to treat income from sales of intangible property as business income
• March 24, 2022: Utah enacts pass-through entity tax election

Virginia

• March 28, 2023: Virginia enacts changes to pass-through entity tax
• April 12, 2022: Virginia enacts pass-through entity tax election
• March 08, 2022: Virginia Supreme Court upholds refund for tobacco company by allowing exclusion of stored leaf tobacco from property factor
  
• February 22, 2022: Virginia proposes pass-through entity tax election
  
• May 12, 2021: Virginia budget bill requires corporations to file an informational report on unitary combined reporting
• May 4, 2020: Virginia clarifies payment extension and interest waiver do not apply to partnership nonresident withholding tax
• February 22, 2019: New Virginia laws address federal tax reform provisions

Vermont

• June 29, 2022: Vermont adopts several corporate tax reform changes

Washington

• October 30, 2024: Washington State Supreme Court determines investment income is broadly taxable
• March 27, 2023: Washington Supreme Court upholds capital gains tax
• January 26, 2023: Washington Department of Revenue to administer capital gains tax while state court case is pending
  
• August 17, 2022: Washington Cryptocurrency Developments
• May 13, 2021: Washington law imposes new excise tax on capital gains
  
• July 28, 2020: City of Seattle City Council approves the payroll expense tax
• July 21, 2020: Washington temporarily expands eligibility for voluntary disclosure program
• March 24, 2020: New Washington law revises Workforce Education Surcharge and increases the business and occupation tax rate for service and other activities
• June 25, 2019: Washington updates requirements for investment management companies to qualify for reduced B&O tax rate

Wisconsin

• January 19, 2022: Reminder – New electronic filing requirement for Wisconsin Form PW-2
  
• December 14, 2021: Wisconsin updates guidance on sales and use tax of digital goods
• June 29, 2020: Grandfathering provisions that allowed certain jurisdictions to tax internet access set to expire on June 30, 2020
• July 29, 2019: New Wisconsin law requires marketplace providers meeting economic nexus thresholds to collect tax beginning October 1, 2019
• January 3, 2019: Enacted Wisconsin legislation affects pass-through entities and codifies sales tax nexus provisions
• May 2, 2018: Wisconsin—Sales tax holiday and child sales tax rebate enacted
• April 17, 2018: Enacted Wisconsin legislation provides for IRC conformity update and other tax law changes

West Virginia

•  August 9, 2023: West Virginia finalized regulations addressing pass-through entity tax
• March 29, 2023: West Virginia enacts pass-through entity tax election 
• April 19, 2022: West Virginia adopts single sales factor and market-based sourcing for flow-through entities
  
• June 16, 2021: West Virginia issues proposed market-based sourcing rules
  
• April 14, 2021: West Virginia adopts single factor sales and market sourcing apportionment

Not state specific: All states

• July 19, 2023: United States Supreme Court denies certiorari petition for North Carolina sales and use tax case
  
• May 3, 2023: Treasury releases guidance on Superfund excise taxes
  
• March 25, 2023: U.S. Supreme Court decision on unclaimed property
  
• March 14, 2023: Wealth tax bills proposed in several states
  
• January 20, 2023: Treasury and the IRS issue guidance on new sustainable aviation fuel credits
• January 20, 2023: IRS Notice 2022-39 – Alternative fuel credit claims
• November 22, 2021: U.S. Infrastructure Bill reinstates Superfund excise taxes
• June 1, 2021: State Tax considerations of President Biden's federal tax proposals
• January 14, 2021: Taxpayer Certainty and Disaster Tax Relief Act of 2020 extends certain credits
  
• January 12, 2021: Budget and COVID Relief Deal Extends Certain Fuel Excise Taxes and Incentives
  
• September 23, 2020: US District Court – IRC § 4611(b) imposes an unconstitutional tax on exports
• September 23, 2020: State tax conformity to GILTI high tax exception regulations
• July 29, 2020: Incentive agreement compliance strategies and COVID-19
• May 21, 2020: COVID-19: Updated state and local tax due date relief developments⁠—May 12
• April 17, 2020: CARES Act business tax provisions with significant multistate tax considerations
• April 15, 2020: COVID-19: Updated state and local tax due date relief developments
• April 10, 2020: State Tax Controversies—The COVID-19 Effect
• February 6, 2020: Employers located in a qualified disaster zone may be eligible for federal disaster relief tax credits, up to $2,400 per eligible employee
• January 13, 2020: Budget bill extends and addresses fuel excise taxes and incentives - DATE LISTED = December 27, 2019
• August 9, 2019: US Supreme Court holds for trust in due process case
• July 17, 2019: 2019 sales tax holidays for back-to-school purchase
• April 24, 2019: Proposed IRC section 250 regulations—Impact on state returns
• January 10, 2019: Federal oil spill tax expired December 31, 2018
• October 26, 2018: Proposed Section 965 and GILTI regulations may result in federal/state income tax differences
• July 2, 2018: 2018 sales tax holidays for back-to-school purchases
• July 2, 2018: Wayfair decision—potential financial reporting implications
• June 28, 2018: Wayfair—potential nexus ramifications for income and other taxes
• June 28, 2018: State tax implications of Wayfair for non-US companies with US customers
• June 26, 2018: State income tax considerations associated with business interest expense limitations, IRC Section 163(j) and Notice 2018-28
• June 26, 2018: US Supreme Court overturns Quill’s physical presence standard
• February 21, 2018: Potential implications of Supreme Court revisiting Quill’s physical presence standard
• February 19, 2018: Budget deal extends fuel excise tax incentives and reinstates federal oil spill fee
• January 22, 2018: Multistate tax considerations of the federal tax reform international tax provisions
• January 13, 2018: US Supreme Court to revisit Quill’s physical presence standard