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Gross Receipts Tax

Pillsbury - SeeSalt Blog

Proposed Initiative to Amend San Francisco Business Taxes

A proposed initiative is being circulated to place on the November 5, 2024 ballot, an ordinance amending the Business and Tax Regulations Code effective January 1, 2025....more

Eversheds Sutherland (US) LLP

Proposal to reform San Francisco gross receipts tax

On May 6, 2024, the San Francisco Controller and Treasurer released their proposed final tax reform ordinance language. To become effective, San Francisco voters will have to pass a measure on the November 5, 2024 ballot by a...more

Eversheds Sutherland (US) LLP

Better than a box of chocolates: Foreign dividends included in California sales factor denominator

On February 14, 2024, the California Office of Tax Appeals (OTA) denied the California Franchise Tax Board’s (FTB) request for rehearing in the Appeal of Microsoft Corporation and Subsidiaries (OTA Case No. 21037336)....more

Eversheds Sutherland (US) LLP

Reforming San Francisco’s gross receipts tax

On February 5, 2024, the Offices of the Controller and Treasurer & Tax Collector for the City and County of San Francisco published a report outlining tax reform recommendations in time to inform a potential ballot measure...more

Pillsbury - SeeSalt Blog

New York Administrative Law Judge Holds ITFA Preempts Taxation of Gross Receipts From ADSL and Fiber Broadband Sales

An administrative law judge with the New York State Division of Tax Appeals held that the federal Internet Tax Freedom Act (ITFA) preempted the imposition of New York franchise tax and a metropolitan transportation business...more

Pillsbury - SeeSalt Blog

Texas Comptroller Takes a Serious Look at Sourcing Regulation After SiriusXM Loss

The Texas Comptroller of Public Accounts has proposed significant amendments to its service receipts sourcing regulation in the wake of the Texas Supreme Court’s decision in Sirius XM Radio, Inc. v. Hegar, 643 S.W.3d 402...more

Holland & Knight LLP

Ohio Supreme Court Rules for NASCAR Holdings Inc. Over Broadcast and Media Revenue Sourcing

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The Ohio Supreme Court ruled in favor of NASCAR Holdings Inc. (NASCAR Holdings Inc. v. McClain, Slip Opinion No. 2022-Ohio-4131) in a recent decision that directly impacts the methodology for sourcing receipts from licensing...more

McDermott Will & Emery

New Mexico Proposes Regulations Addressing Gross Receipts Tax Treatment of Digital Advertising Services

McDermott Will & Emery on

On August 9, 2022, the New Mexico Taxation and Revenue Department published proposed regulations addressing the gross receipts tax (New Mexico’s version of a sales tax) treatment of digital advertising services. The...more

Freeman Law

Texas Tax Roundup | June 2022

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Things have been heating up this summer. Let’s see what’s been cooking with the Texas Comptroller’s office....more

Robinson+Cole Health Law Diagnosis

Connecticut Repeals Tax on Ambulatory Surgical Centers

On May 7, 2022, Connecticut Governor Ned Lamont signed into law the state’s fiscal year 2023 budget (HB5506), which includes the elimination of certain taxes on ambulatory surgical centers (ASCs) in Connecticut. Since October...more

Freeman Law

Tax Court in Brief: Kohout v. Commissioner: Reconstructing Accounting, Voluminous Writings, and Passthrough Loss

Freeman Law on

The recent Tax Court case of Kohout v. Commissioner addresses several common evidentiary issues in the context of tax disputes. A summary, chart, or calculation to prove the content of voluminous records may be appropriate...more

Freeman Law

Tax Court in Brief: Lord v. Comm’r—Marijuana and COGS

Freeman Law on

The Tax Court in Brief – February 28th-March 4th, 2022 Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. ...more

Freeman Law

So, The Texas Comptroller Says You Owe Tax—Now What?

Freeman Law on

It’s a letter that no one looks forward to—a notice of determination (also sometimes called a “Notification of Audit Results,” “Notification of Exam Results,” or “Notice of Tax/Fee Due”) from the Texas Comptroller of Public...more

Jackson Lewis P.C.

San Francisco Will Tax Employers Based On CEO Pay Ratio

Jackson Lewis P.C. on

San Francisco’s Measure L, which passed with the overwhelming support of the voters, will be effective in 2022 for businesses operating in the City of San Francisco. Measure L, titled the “Overpaid Executive Gross Receipts...more

Mitchell, Williams, Selig, Gates & Woodyard,...

93rd Arkansas General Assembly/Gross Receipts Tax: Proposed Exemption for Qualifying Solar Equipment

The 93rd Arkansas General Assembly convened for regular session on January 11th. House Bill 1628 (“H.B. 1628”) has been introduced to provide an exemption from the Arkansas Gross Receipts tax for qualifying solar...more

Foster Garvey PC

Does the Oregon CAT Have Nine Lives? – Time Will Tell Whether Senate Bill 787 Repeals the Oregon Corporate Activity Tax

Foster Garvey PC on

Oregon State Senator Fred Girod, a Republican from Stayton, Oregon (District 9), is sponsoring Senate Bill 787 ("SB 787"). If passed, SB 787 would repeal the Oregon Corporate Activity Tax (the "CAT"). So far, the bill does...more

Williams Mullen

Are PPP Loan Proceeds Gross Receipts for the Purposes of BPOL?

Williams Mullen on

The Virginia Department of Taxation has issued a ruling that addresses the question “does the receipt of a PPP loan and its possible forgiveness constitute gross receipts for purposes of the Business, Professional, and...more

McDermott Will & Emery

Maryland Sued over Digital Advertising "Tax"

McDermott Will & Emery on

Yesterday, McDermott Will & Emery filed suit in Maryland federal court on behalf of a number of leading trade associations against Maryland Comptroller Peter Franchot, challenging the state’s recently enacted 10% gross...more

McDermott Will & Emery

Maryland Enacts First Digital Advertising Services Gross Receipts Tax: Now What?

McDermott Will & Emery on

General Assembly Veto Override - On February 12, 2021, the Maryland General Assembly overrode Governor Larry Hogan’s veto of HB 732 (2020) (the Act), a bill enacting a first-of-its-kind digital advertising services tax on...more

BakerHostetler

[Podcast] Deep in the Heart of Updated Texas Franchise Tax Sourcing Rules

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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

Mitchell, Williams, Selig, Gates & Woodyard,...

93rd Arkansas General Assembly: Water Used by Poultry Farms/Sales-Use Tax Exemption

The 93rd Arkansas General Assembly convened for regular session on January 11th. The pre-filing of bills and resolutions began on November 16th. House Bill 1196 (HB 1196) has been introduced which would provide a...more

Robinson+Cole Construction Law Zone

DBE Gross Receipts Cap Adjusted for Inflation

In December 2020, the United States Department of Transportation (DOT) amended the small business size limit under the Disadvantaged Business Enterprise (DBE) program (section 1101(b) of the Fixing America’s Surface...more

Proskauer - Tax Talks

Coronavirus: President Trump Signs Consolidated Appropriations Act, 2021; Summary of the Tax Provisions

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On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (the “Act”). The Act enhances and expands certain provisions of the Coronavirus Aid, Relief, and Economic Security Act (the...more

Freeman Law

State and Local Tax Nexus

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This article is the first of a three-part series regarding the State and Local Tax consequences of doing business in multiple states. Part 1 will discuss Nexus, Part 2 will discuss Voluntary Disclosures, and Part 3 will...more

BakerHostetler

What Happened at the Multistate Tax Commission Annual Committee Meetings?

BakerHostetler on

Throughout November, various Multistate Tax Commission committees held virtual annual meetings (due to COVID). In this episode, Matt Hunsaker runs down the highlights from each meeting, including technical corrections to...more

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