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Multistate Tax  |  July 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

Kansas DOR Addresses Newly Reduced Tax Rates for Some Banks and Financial Institutions Massachusetts DOR Clarifies Application of Single Sales Factor Apportionment for Corporations and Financial Institutions North Carolina: New PTET-Related Law Changes Define Income Attributable to the State for Individuals the Same as Corporations Washington DOR Adopts New Rule Addressing How to Calculate Capital Gains Tax


New Jersey: New Law Extends and Revises Remote Work-Related Accommodations for Some Programs


Alabama DOR Adopts Rule Changes on Taxability of TPP Withdrawals from Inventory California: New Law Repeals Bad Debt Deduction for Lenders and Retailer Affiliates and Limits Claimants to Retailers Massachusetts: Letter Ruling Says Nontaxable Services Involving Inconsequential Sales of TPP Remain Nontaxable Minnesota DOR Reminds that Retail Delivery Fee is Imposed on Some In-State Deliveries as of July 1 North Carolina: New Law Eliminates 200-Transaction Threshold from Wayfair Economic Nexus Statute Texas Letter Ruling Says Biometric Identification Services are Not Taxable Despite Underlying Data Processing Aspects


Maryland: Federal Judge Dismisses Lawsuit Challenging Digital Advertising Gross Revenues Tax


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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