Matt Hunsaker highlights some issues that should be considered when purchasing a company jet, including sales tax and property tax....more
Matt Hunsaker breaks down the latest state tax news including a discussion of tax arguments in a controversial civil war era statue removal case, the Texas Supreme Court's decision to hear Sirius XM's apportionment case, and...more
10/13/2021
/ Advertising ,
Digital Advertising Tax ,
Historical Landmarks ,
Income Apportionment ,
Income Taxes ,
Proposed Regulation ,
SiriusXM ,
State Taxes ,
Tax Liability ,
Tax Litigation ,
TX Supreme Court
Arkansas has issued a legal opinion treating SaaS as a nontaxable service when it is hosted remotely. Matt Hunsaker breaks down the issues....more
In this week's episode, Mike Semes joins Matt Hunsaker in the studio to discuss alternative apportionment and an unfortunate case coming out of Maryland....more
New York has proposed an excise tax on companies that collect consumer data (SB 4959). The tax is a per-consumer head tax and could cost taxpayers millions of dollars each month. Will this tax affect you? Matt Hunsaker breaks...more
In this week's episode, Matt Hunsaker equates regular state tax nexus studies with regular visits to the dentist. Things can go bad if you skip either. Learn more about what goes into a nexus study and why now is the best...more
In Wisconsin Department of Revenue v. Deere & Company, the Department of Revenue tried to disallow a dividends received deduction for distributions from a Luxembourg entity despite published guidance conflicting with its...more
3/9/2021
/ C-Corporation ,
Corporate Taxes ,
Department of Revenue ,
Income Taxes ,
Luxembourg ,
State Taxes ,
Tax Appeals ,
Tax Audits ,
Tax Authority ,
Tax Deductions ,
Tax Liability ,
Tax Litigation ,
Taxable Distributions
Matt Hunsaker does a rapid fire analysis of various state and local tax issues in the technology space. Stay tuned for an update on software and cloud computing....more
In mid-January, the Texas Comptroller issued controversial amendments to its franchise (margin) tax apportionment sourcing rules. Are the rules an administrative drift towards market-based sourcing? Matt Hunsaker breaks down...more
2/4/2021
/ Advertising ,
Business Taxes ,
Franchise Taxes ,
Franchises ,
Goods or Services ,
Gross Receipts ,
Gross Receipts Tax ,
Income Taxes ,
Net Operating Losses ,
New Rules ,
State Taxes ,
Tax Liability
Since 1937, the Tax Injunction Act (28 USC 1341) has significantly limited taxpayers' access to federal courts to hear state tax matters. In this week's episode, Matt Hunsaker provides an overview of the Act and avenues still...more
A few states allow private parties (e.g., plaintiff lawyers) to bring tax suits under state False Claims Acts (qui tam actions) - often for a share of treble damages. The District of Columbia is looking to join the club...more
It's no mystery that when times are hard, bad debts skyrocket. But how do businesses handle bad debts for state income and sales tax purposes? Matt Hunsaker hits the high points in this week's episode....more
10/9/2020
/ Bad Debt ,
Debt Collection ,
Income Taxes ,
Local Taxes ,
Sales Tax ,
SALT ,
State Taxes ,
Tax Credits ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Refunds ,
Tax Returns
Don't rest on your laurels because the closing ink has dried! In this final episode of the series on state and local tax issues in M&A, Matt Hunsaker addresses some of the issues that arise after closing and how to prepare...more
9/28/2020
/ Acquisitions ,
Income Taxes ,
Joint Venture ,
Mergers ,
Purchase Agreement ,
SALT ,
Service Agreements ,
State and Local Government ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Voluntary Disclosure Agreement
In part 3 of our journey through SALT issues in M&A transactions, Matt Hunsaker highlights a few apportionment, unitary combination, and NOL usage implications that should be on your radar whenever you are involved in a...more
9/23/2020
/ Acquisitions ,
Business Taxes ,
Income Apportionment ,
Income Taxes ,
Local Taxes ,
Mergers ,
Net Operating Losses ,
Sale of Assets ,
SALT ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Unitary Business
M&A transactions can have big implications for your company's nexus footprint. In part two of the series on M&A transactions, Matt Hunsaker breaks down nexus issues that should be on your radar if your company is engaging in...more
9/22/2020
/ Acquisitions ,
Asset Management ,
Business Taxes ,
Income Taxes ,
Local Taxes ,
Mergers ,
Nexus ,
Physical Presence Test ,
SALT ,
State Taxes ,
Tax Liability ,
Tax Planning
Gone are the days when you could blow off state and local taxes in transactions! Erica Svboda and Ryan Gorsche - M&A lawyers in BakerHostetler's M&A Team join Matt Hunsaker in the virtual studio to provide background on how...more
9/21/2020
/ Acquisitions ,
Buyers ,
Due Process ,
Income Taxes ,
Local Taxes ,
Mergers ,
Purchase Agreement ,
SALT ,
Sellers ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Transfer Taxes
The list of state and local tax crimes seems endless: from fraud to operating a retail location without a sales tax permit. Shawn Cleveland and Robb Adkins from the BakerHostetler white collar litigation team join Matt...more
9/15/2020
/ Criminal Investigations ,
Criminal Prosecution ,
Local Taxes ,
Sales Tax ,
SALT ,
State Taxes ,
Tax Crimes ,
Tax Evasion ,
Tax Fraud ,
Tax Liability ,
White Collar Crimes