Lawmakers in eight states are trying to coordinate tax increases on high net worth taxpayers in their respective states. The campaign is called Fund our Future, and it involves legislators from California, Connecticut, Hawaii, Illinois, Maryland, Minnesota, New York, and Washington. These states have a large proportion of the country’s wealthy individuals. California, New York, and Illinois are regularly among the top 5 US states in terms of estate tax returns filed, which are required…
Latest Posts
- States Focus on Taxing High Net Worth Individuals
- Florida Department of Revenue Concludes That Online Learning Service Is Subject to Communications Services Tax
- Massachusetts Court Takes A Bite Out of Cookie Nexus
- Maryland State Judge Strikes Down Digital Ad Tax
- Louisiana Board of Tax Appeals Addresses Modern Manufacturing
- Wayfair: The Sequel
- Hopping On the Bandwagon: New Jersey Division of Taxation Unveils Voluntary Transfer Pricing Initiative
- Finding the Market Through the Looking Glass: California Issues Sales Factor Sourcing Guidance
Recent Posts
The Florida Department of Revenue issued a Technical Assistance Advisement concluding that a taxpayer’s online learning services were…
Massachusetts Court Takes A Bite Out of Cookie Nexus
By Maria Eberle and Dmitrii Gabrielov 5 Mins ReadThe Massachusetts Supreme Judicial Court held that an online retailer was not required to collect and remit the…
On October 17, 2022, a Maryland state judge in the Circuit Court of Anne Arundel County struck down…
On September 8, 2022, the Louisiana Board of Tax Appeals (“Board”) granted a taxpayer’s motion for summary judgment…
Wayfair: The Sequel
By Lindsay LaCava, Mike Shaikh, David Pope, Rob Galloway and David Simon-Fajardo 6 Mins ReadA new lawsuit filed by Wayfair, LLC in Jefferson County Court (Colorado) seeks to address a question left…
New Jersey is the latest state to unveil a voluntary initiative to examine transfer pricing for taxpayers with…