Topic
Combined Reporting
55 published works
SALT Shaker
Distortion Reigns in New York Article 32 Forced Combination Case
The New York Tax Appeals Tribunal (TAT) affirmed a decision forcing the combination of a banking corporation and its “nontaxpayer” subsidiary. The combination was upheld based upon the existence of…
SALT Shaker
Shades of Gray: District of Columbia Combined Reporting Unveiled
On April 1 (fittingly), the District of Columbia's new Mayor, Vincent G. Gray, unveiled his proposed budget, B19-0203 "Fiscal Year 2012 Budget Support Act of 2011" (Budget Bill), which includes the…
SALT Shaker
Iowa Supreme Court Deep-Fries Commerce Clause
The Iowa Supreme Court and Iowa Department of Revenue issued interesting opinions that continue to expand corporate income tax nexus arguably beyond the limitations of the Commerce Clause of the…
SALT Shaker
Combined Reporting Not a Surefire Revenue Raiser
The National Conference of State Legislatures’ Task Force on State and Local Taxation of Communications and Interstate Commerce commissioned Drs. Bill Fox and LeAnn Luna, economists with the University of…
SALT Shaker
Georgia Proposes to Shift Rules on Combining Income
On October 28, 2010, the Georgia Department of Revenue proposed to amend its regulation entitled “Shifting of Income” (Ga. Comp. R. & Regs. 560-7-8-.07). This proposed amendment is intended to…