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Tax Assessment Repeal

Amundsen Davis LLC

Wisconsin Personal Property Tax Repealed: What it Means for Business Owners

Amundsen Davis LLC on

On June 20, 2023, Governor Tony Evers signed 2023 Act 12 (“Act 12”) into law. Notably, Act 12 repeals Wisconsin’s personal property tax. The repeal takes effect on January 1, 2024 and eliminates the time-consuming and costly...more

Jones Day

German Constitutional Court Held Parts of Loss Forfeiture Rules are Unconstitutional

Jones Day on

The German Constitutional Court held that a provision of the loss forfeiture rules, in effect from January 1, 2008, through December 31, 2015, is unconstitutional. The provision stipulates a proportional forfeiture of current...more

McDermott Will & Emery

Did You Pay a Michigan Assessment After an MTC Audit? What the State’s Retroactive Compact Repeal May Mean

McDermott Will & Emery on

On September 11, 2014, Michigan Governor Rick Snyder signed legislation (SB 156) retroactively repealing the Multistate Tax Compact (Compact, formerly codified at MCL § 205.581 et seq.) from the state statutes, effective...more

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