Corporate Taxes, Apportionment, Franchise Taxes

They have arrived: New York issues “final draft” corporate income tax apportionment regulations

Eversheds Sutherland (US) LLP on 7/20/2022

On July 1, 2022, the New York State Department of Taxation and Finance issued the third set of “final draft” regulations relating to the corporation franchise tax reform that took effect for tax years beginning on or after...more

2019 North Carolina Tax Legislation

Smith Anderson on 11/12/2019

This Alert summarizes the more significant tax provisions enacted by the North Carolina General Assembly in 2019. The most important tax changes were originally included in House Bill 966, the 2019 Appropriations Act (the...more

MoFo New York Tax Insights - Volume 10, Issue 8

Morrison & Foerster LLP on 8/6/2019

Welcome to the latest issue of New York Tax Insights. In this issue we cover: ..The New York State Department of Taxation and Finance’s release of revisions to its draft business corporate franchise tax regulations for...more

Spotlight on Tennessee: Forced Franchise/Excise Tax Variance Upheld by Supreme Court

Baker Donelson on 4/5/2016

On March 23, 2016, the Tennessee Supreme Court issued its much-awaited decision in the case of Vodafone Americas Holdings, Inc. et al. vs. Tennessee Commissioner of Revenue....more

Business Incentive Changes in Recent North Carolina Legislation

Parker Poe Adams & Bernstein LLP on 10/1/2015

The North Carolina General Assembly passed two significant pieces of legislation affecting corporate activity, expansion and new investment in North Carolina. First, the General Assembly passed the state budget...more

New York Budget Legislation

Eversheds Sutherland (US) LLP on 4/18/2014

On March 31, 2014, New York State Governor Andrew Cuomo signed into law the 2014-2015 New York State Budget (Budget), which results in the most significant overhaul of New York’s franchise tax in decades. The Budget brings...more