News & Analysis as of September 20, 2024

Income Taxes › Local Ordinance

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Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -

Philadelphia Ordinance Requires Reporting of Changes to Federal Taxable Income

Ballard Spahr LLP on 5/27/2021

Philadelphia City Council enacted an ordinance, effective immediately, requiring all Philadelphia taxpayers to report any changes to their federal taxable income (as a result of a resolution of an audit, agreement with the...more

Philadelphia Ordinance Requires Reporting of Federal Tax Changes

Ballard Spahr LLP on 5/25/2021

Philadelphia City Council enacted Ordinance No. 210139-AA (the Ordinance; available here), effective immediately, requiring all Philadelphia taxpayers to report any changes to their federal taxable income to the Philadelphia...more

LEGISLATIVE UPDATE: Proposal to Reduce Taxes Introduced in Philadelphia City Council

Cozen O'Connor on 4/14/2021

Philadelphia City Councilmember Allan Domb introduced three bills that would lower certain business taxes in Philadelphia. The bills would make the following changes to the city’s tax structure: Councilmember Domb believes...more

Gross Receipts Taxes Face Policy and Legal Challenges

McDermott Will & Emery on 9/25/2019

As the economy shifts to a digital one, we are finding that states are turning toward unconventional revenue options. One trend we’re seeing is the surprising comeback of the gross receipts tax (GRT): • Oregon’s new...more

Ohio’s Municipal Net Profits Tax Reform Constitutional – Centralized filing provides significant administrative benefits to...

Buckingham, Doolittle & Burroughs, LLC on 3/26/2019

Ohio’s efforts to substantially simplify its municipal income tax regime – a much-needed reform – is permitted to move forward. Ohio instituted municipal income tax reform, which took effect with the 2018 tax year, permitted...more

South Carolina Supreme Court Reverses Important Business License Tax Case: Counties and Municipalities May be Required to Change...

Burr & Forman on 8/13/2018

South Carolina counties and municipalities are authorized to impose business license taxes on the “gross income” of a business. On August 8, 2018 the South Carolina Supreme Court issued a major decision, Todd Olds v. City of...more

Proposition 26 Guide for Special Districts

Best Best & Krieger LLP on 7/10/2013

Kelly Salt, a Best Best & Krieger partner based in San Diego, authored this guide specifically geared toward helping special districts in California navigate the requirements of Proposition 26. Published by the California...more

New Law Requires Oregon Nonprofits to Satisfy Program Expenditure Test to Receive Deductible Charitable Contributions

Davis Wright Tremaine LLP on 7/5/2013

Many Oregon nonprofit organizations will soon face an additional hurdle to receiving contributions that are deductible as charitable contributions for purposes of Oregon’s income or corporate excise tax....more

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Income Taxes › Local Ordinance

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