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Multistate Tax  |  June 14, 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

Connecticut: New Law Extends NOL Carryforward Period and Creates Deduction for Shift to Combined Reporting Illinois: New Law Limits NOL Deduction to $500K, Revises Financial Institution Apportionment, and Increases Franchise Tax Credit West Virginia: Reminder: July 1, 2024 Filing Deadline to Claim New Deferred Tax Deduction


Arizona Supreme Court Says Rewards Program Reimbursements for Hotel Lodging is Taxable Consideration South Carolina Appellate Court Affirms Store Owes Tax Based on Retail Price of Materials Used in Installation Contracts Utah Letter Ruling Explains Taxability of Services Related to Sales of Online Employee Rewards Programs


Kansas: Appellate Court Remands Big-Box Store Valuation Case in Light of Caselaw Involving Dark Store Theory


Connecticut: New Law Addresses Virtual Currency and Makes Various Other Changes to Unclaimed Property Provisions


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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