The Mississippi Legislature recently passed two bills that should provide greater certainty to businesses and spur economic development in the Magnolia State. House Bill 892, signed into law by Governor Phil Bryant on March...more
4/5/2013 - Audits Department of Revenue Manufacturers Sales & Use Tax Statute of Limitations Tax Exemptions
On August 15, 2012, Chief Administrative Law Judge Bill Thompson issued his long-awaited SRLY ruling, holding that an Alabama consolidated group was entitled to carry forward certain net operating losses (“NOLs”) incurred...more
2/26/2013 - Acquisitions Affiliates ALJ Carry Forward Consolidated Tax Returns Corporate Taxes Department of Revenue Net Operating Losses SRLY Rule
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