On October 9, 2024, the D.C. Tax Revision Commission met to finalize their tax recommendations to the D.C. Council and Mayor. However, the Commission did not reach a consensus and instead opted to perform additional research.
The D.C. Tax Revision Commission’s last activity was to issue a Revised Chairman’s Mark in July 2024. That document included two controversial proposals: new Business Activity and Data Excise Taxes. The Commission was then scheduled to meet a few days later to finalize its recommendations, but the meeting was instead abruptly cancelled.
During the October 9 meeting, the Chairman proposed to meet again in one to two weeks to decide on additional topics of research. After that, the Commission would then engage in a further three months of research before settling on final recommendations. However, he expressed a desire to move forward without the Business Activities Tax proposal.
Eversheds Sutherland will continue to follow the activities of the D.C. Tax Revision Commission and follow up on the Commission’s proposed additional research. You can read more about our critique of the Commission’s recent tax proposals in the September 2024 installment of “A Pinch of SALT” in Tax Notes State.