New York’s Fiscal Year 2022 budget increases taxes on corporations and high earners and provides relief to pandemic-hit industries.
Temporary increases to tax rates on corporations, individuals, and tax credits for...more
4/16/2021
/ Coronavirus/COVID-19 ,
Corporate Taxes ,
Dodd-Frank ,
Franchise Taxes ,
Income Taxes ,
New York ,
Relief Measures ,
Sales Tax ,
State Budgets ,
Tax Credits ,
Tax Rates
A New York trial court held that charges for storage services rendered in New Jersey were not subject to New York sales tax despite the fact that the property was originally picked up in New York. ...more
The District of Columbia Council finalized the 2021 fiscal year budget yesterday, which removed the recently enacted digital advertising tax. The Council’s July 28 vote formalized the elimination of a proposed 3% sales tax...more
New York State increased the sales tax economic factor presence nexus threshold from $300,000 to $500,000. The change is retroactive to June 1, 2019....more