Deloitte
Multistate Tax  |  March 8, 2024
State Tax Matters
State Tax Matters
The power of knowing.
 

Print

Multistate Tax Alerts

Throughout the week, we highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summary of specific multistate developments relevant to taxpayers, tax professionals, and other interested persons. Read the recent alerts below or visit the archive.



No new alerts were issued this period. Be sure to refer to the archives to ensure that you are up to date on the most recent releases.



Back to top
 
In this issue

Illinois: Proposed Rule Changes Involve Informal Conference Board Review Requests and Jurisdiction on Audit


California FTB Issues New Notice on Elections Involving Changes in Accounting Periods or Methods California: Updated FTB Guidance Addresses Credit Assignments Among Combined Group Members Florida: State Limitation for NOL Carryforwards Subject to IRC § 382 Deemed the Same as Federal Amount Indiana Tax Court Reaffirms Broader Scope of Addition Adjustment for Income Taxes Paid to Other States Mississippi DOR Issues Updated Guidance on Elective Entity-Level Taxation for Pass-through Entities New Jersey: Governor’s Proposed Budget Includes New Corporate Transit Fee in the Wake of Expired 2.5% Surtax New Mexico: New Law Provides Flat Corporate Income Tax Rate and Includes Subpart F Income in Tax Base Virginia Department of Taxation Issues Guidance on Pass-Through Entity Tax Election for TY 2021


Illinois Appellate Court Says Expanded Temporary Storage Exemption Does Not Apply Due to Partial In-State Use New Jersey: US Court of Appeals Affirms Dismissal of Lawsuit Against Streaming Entertainment Companies New York Appellate Court Agrees that Certain Taxable Information Services Do Not Fall Under Statutory Exclusion


Florida: Owner’s Transfer of Property to LLC Deemed a Change of Ownership Resulting in Loss of Cap Benefit


Tennessee DOR Issues Reminder on Business Tax Law Changes and Increased Filing Threshold


No new alerts were issued this period. Be sure to refer to the archives to ensure that you are up to date on the most recent releases.




Helpful resources

Visit Deloitte.com

State tax Matters archive

Multistate Tax Alert archive

Read Accounting for Income Taxes

Join Dbriefs

Follow us on Twitter
Get the Tax@hand mobile app



Have a question?

If you have needs specifically related to this newsletter's content, send us an email to have a Deloitte Tax professional contact you.
 

Deloitte.com  | Manage email preferences  |  Legal  |  Privacy

30 Rockefeller Plaza
New York, NY 10112-0015
United States

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 peopleworldwide make an impact that matters at www.deloitte.com.

Copyright © 2024 Deloitte Development LLC. All rights reserved.
36 USC 220506



Facebook Twitter Linkedin Google Plus Email