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Multistate Tax  |  April 12, 2024
State Tax Matters
State Tax Matters
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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.



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In this issue

California Office of Tax Appeals Holds that Gain from Sale of LLC Interest is Business Income Minnesota: New Law Postpones Application of 70% NOL Limitation by One Year; 80% NOL Limitation Applies for 2023 Tax Year New Jersey Division of Taxation Explains Adoption of Federal Partnership Tax Audit Regime New Mexico Taxation and Revenue Department Summarizes New Law on Flat Corporate Income Tax Rate and Subpart F Income New York: Trade Association Challenges Validity of New Article 9-A Rule on P.L. 86-272 and Internet Activity Oregon: New Law Updates State Conformity to Internal Revenue Code for Specific Provisions Washington DOR Amends Proposed New Rule on Calculating Capital Gains Tax


Colorado: New Law Seeks to Streamline State and Local Sales and Use Tax Filing Processes Florida: Lower Tax Rate on Commercial Rental of Real Property Triggered as of June 1 Utah Letter Ruling Says Online Platform’s Sales of Ad Space are Nontaxable Marketing Services


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.




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