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BCLP

New York May Lead the Pack Through Imposition of Data Excise Taxes

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New York may lead the charge on implementation of data excise taxes (i.e., “data mining taxes”) which will impose taxes on businesses that collect personal data. These data excise taxes primarily target large tech companies...more

Womble Bond Dickinson

Why You Still Need Fee in Lieu of Tax Agreements

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At the conclusion of this year’s legislative session, the South Carolina General Assembly passed The Comprehensive Tax Cut Act of 2022 (the “Act”). Among a number of other significant tax changes, the Act effectively...more

McGuireWoods LLP

Virginia Resets Data Center Equipment Assessments, Tax Changes on Horizon

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The commonwealth of Virginia plans to reset how data center equipment, fixtures and supporting supplies are taxed throughout the state. Given that Northern Virginia, also known as Data Center Alley, is home to the largest...more

Miller Nash LLP

When Worlds Collide: How Tangible Tax Burdens Attach to Digital Commerce across the Globe (Part 1)

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The world is at a crossroads. The early 1990’s saw the internet opening to the general public, followed shortly thereafter by online sales platforms (Book Stacks Unlimited—1992, Amazon.com—1994, and eBay—1995), and social...more

Proskauer - Tax Talks

A step closer to agreement on taxation of the digital world

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On 8 October 2021, the OECD released a further statement in relation to the BEPS 2.0 proposals, aimed at addressing taxation of the modern digital economy. This is the latest development in the attempts to more equally share...more

ArentFox Schiff

Inside DC: Highlights and Implications of the FY 2022 Budget

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DC Business & Policy Practice Group Leader Jon Bouker speaks with Co-Leader David Grosso and Senior Government Relations Director Oliver Spurgeon about what you can expect from the DC budget process during this historic year....more

Blake, Cassels & Graydon LLP

Budget fédéral 2021 – Présentation de certaines mesures fiscales

Plus de deux ans après le dernier budget fédéral, la ministre des Finances du Canada a présenté le budget fédéral de 2021 (le « Budget 2021 »), le 19 avril 2021 (le « jour de dépôt du budget »). Certains commentateurs ont...more

Blake, Cassels & Graydon LLP

2021 Federal Budget – Selected Tax Measures

More than two years after the last federal budget, Canada’s Finance Minister presented the 2021 budget (Budget 2021) on April 19, 2021 (Budget Day). Some commentators speculated that Budget 2021 might include increases in the...more

Eversheds Sutherland (US) LLP

Georgia’s 2021 Sine Die - Thoughtful policy mixed with last minute surprises and everything in-between

During the 2021 legislative session, the Georgia General Assembly passed key legislation, including conformity to the federal tax law, the elimination of deference to subregulatory interpretations of the Department of...more

Franczek P.C.

Illinois Appellate Court Again Sides with School Districts on Working Cash Fund Bond Tax Rate Objections

Franczek P.C. on

After a very difficult 2020, Illinois school districts received a well-deserved present on December 24 when the First District Illinois Appellate Court issued a decision rejecting a tax rate objection and upholding the...more

Carlton Fields

Surtax in Gridlock – The Saga of Hillsborough County’s Transportation Surtax Reaches the Florida Supreme Court

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Four hundred and fifty-six days after it was approved by more than 57% of the Hillsborough County electorate, legal challenges to a county charter amendment that added a 1% sales tax designed to finance the county’s...more

Burns & Levinson LLP

New York Legislature Optimistic to Legalize Recreational Cannabis in 2020

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New York is gearing up to become the 12th US state to legalize recreational cannabis, and the 2nd US state to do so by way of legislative measure (as opposed to voter initiative), as Gov. Andrew Cuomo vowed to legalize...more

McDermott Will & Emery

BREAKING NEWS: Maryland Proposes (French) Tax on Advertising – Digital Platforms and Advertisers Beware!

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On January 8, SB 2 was introduced to establish a new digital advertising gross revenue tax of up to 10% on “annual gross revenues of a person derived from digital advertising services in the state.” This uncharted new tax...more

Lowndes

Mount Dora Considers New Tax Collections and Regulations for Airbnbs

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With the growth of Airbnbs and web-based lodging platforms, Mount Dora and Lake County are both looking at common sense solutions to bring regulations up-to-date regarding B&B operations and tax collections. As this Orlando...more

McDermott Will & Emery

Gross Receipts Taxes Face Policy and Legal Challenges

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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

Foster Garvey PC

Oregon’s New Corporate Activity Tax

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We are taking a break from our multi-post coverage of Opportunity Zones to address a recent, significant piece of Oregon tax legislation. On May 16, 2019, Governor Kate Brown signed into law legislation imposing a new...more

Holland & Knight LLP

Illinois Legislature Legalizes Recreational Marijuana - An Overview of the Cannabis Regulation and Tax Act

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• On May 31, 2019, the Illinois General Assembly adopted the Cannabis Regulation and Tax Act (the Act) – legalizing the sale, possession and use of marijuana for recreational purposes by adults over age 21 starting Jan. 1,...more

Bradley Arant Boult Cummings LLP

PARCA Issues 2018 Study: How Alabama Taxes Compare - SALT Alert: Alabama Edition

Just before Christmas, the influential Public Affairs Research Council of Alabama (PARCA), the nonpartisan think tank headquartered at Samford University, released its annual report, How Alabama Taxes Compare. The contents...more

Lewitt Hackman

California Ballot Guide 2018: Propositions 5-7

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This is Part Two in our series regarding the California Ballot for November, 2018. In this series, we provide a synopsis for each of the 11 propositions voters in this state will see on the ballot, and summarize the primary...more

Coblentz Patch Duffy & Bass

Commercial Landlords Beware: Competing Tax Measures On June Ballot

Competing special purpose tax measures are on the San Francisco June ballot, both of which would raise the tax on gross receipts from the lease of commercial space in San Francisco. ...more

Bradley Arant Boult Cummings LLP

PARCA Issues Updated Study: How Alabama Taxes Compare

The well-respected Public Affairs Research Council of Alabama (PARCA), the non-profit think tank headquartered at Samford University in Birmingham, recently published its periodic report, How Alabama Taxes Compare, which...more

Akerman LLP

Episode 26: Talking Tax Reform and Executive Comp

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Don’t let the episode title scare you away! Matt welcomes colleague Leanne Reagan to discuss how the House’s proposed tax reform bill impacts compensation arrangements and how, if passed into law, it could completely...more

Pierce Atwood LLP

Under the Dome: Inside the Maine State House

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Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Testimony on Tax Surcharge Bills - This week, the Legislature’s Taxation Committee heard...more

Hogan Lovells

Budget 2017

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The 2017 Budget was presented by Minister Pravin Gordhan before Parliament on 22 February 2017. The 2017 tax proposals are projected to raise ZAR28 billion, and increase the tax burden from 26% of GDP in 2016/17 to 26.7%...more

Foster Garvey PC

Lawmakers May Be Revisiting the Tax Gap

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The Department of the Treasury estimates the annual federal “tax gap” (the difference between what taxpayers should have paid and what they actually paid on a timely basis) exceeds $450 billion. IR-2012-4 (January 6, 2012). ...more

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