Deloitte
Multistate Tax  |  May 19, 2023
State Tax Matters
State Tax Matters
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Sales/Use/Indirect:
Washington: New Law Says State Exemptions, Credits, and Deductions Apply Identically to Local Ones

S.B. 5565, signed by gov. 5/9/23. New Washington law provides that, except as otherwise provided, all state sales and use tax exemptions, credits, and deductions apply in an identical manner for local sales and use tax purposes. Please contact us with any questions.

 

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Robert Wood (Seattle)

Senior Manager

Deloitte Tax LLP

Myles Brenner (Seattle)

Senior Manager

Deloitte Tax LLP



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In this issue

California: Comments on Revised Proposed Office of Tax Appeals Rule Changes are Due May 26


Colorado: New and Amended Rules on Foreign Source Income and NOLs are Effective May 30 Iowa: New Law Allows Some Entities to Make a Pass-Through Entity Tax Election Missouri DOR Proposes Recission of Withholding Rule Addressing Pandemic-Related Telecommuting Missouri DOR Adopts Permanent Rule Implementing New Optional Pass-Through Entity-Level Tax New York: Receipts from Certain Buy/Sell Arrangements Cannot be Included in Receipts Factor North Carolina: Trial Court Reverses ALJ Holding that Disallowing Related-Party Deductions was Unconstitutional Tennessee DOR Notices Explain New Law Adopting Single Sales Factor and TCJA Bonus Depreciation


North Dakota: New Law Creates Tax Credit for Some Purchased Manufacturing M&E Used for Automation


Alabama Appellate Court Affirms Dealer’s Sales of Prepaid Wireless Service Plans are Not Taxable Colorado DOR Summarizes New Law Revising Implementation of the Retail Delivery Fee Michigan: Treasury Comments on New Law Expanding Industrial Processing Exemptions as it Relates to Aggregate North Carolina: Facilitation of Money Deposits for Telecom’s Customers is Not Taxable Prepaid Wireless Calling Services Washington: New Law Says State Exemptions, Credits, and Deductions Apply Identically to Local Ones


Delaware: Reminder – Response Deadline for 2023 Unclaimed Property VDA Invitation Letters is May 25 Indiana: New Law Addresses Virtual Currency and Requires its Liquidation Before Filing Report


Maryland Comptroller Addresses State High Court’s Digital Ad Gross Revenues Tax Ruling


Georgia imposes sales tax on certain digital products and decouples from TCJA changes to IRC section 174 Georgia enacts changes to pass-through entity tax Iowa enacts pass-through entity tax election Tennessee enacts several changes to business tax and franchise and excise tax laws Tennessee enacts changes to sales and use tax laws




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