State & Local
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January 21, 2025
Hawaii Bill Would Reduce Some Income Taxes In Oahu
Hawaii would reduce income taxes for residents of one part of the island of Oahu under a two-year pilot program in legislation proposed in the state House of Representatives.
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January 21, 2025
Justices Decline To Review NY Tax On IBM, Disney Royalties
The U.S. Supreme Court declined Tuesday to hear claims from Disney and IBM that New York's former method of taxing royalty payments from foreign affiliates resulted in unconstitutional discrimination against interstate commerce.
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January 17, 2025
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 17, 2025
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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January 17, 2025
Wash. Bill Would End B&O Tax Credit, Add Gains Tax Credit
Washington state would replace a credit for business and occupation taxes due on a sale or exchange that also is subject to the state's capital gains tax with a credit for taxes on gains that also are subject to B&O taxes, under a bill introduced in the state Senate.
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January 17, 2025
COST Pans Maine's Receipt Sourcing Change For Cos.
Maine's plan to change its apportionment methodology from sourcing business receipts where services are received to where they are acquired or experienced overreaches from what lawmakers had originally intended, the Council on State Taxation said Friday.
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January 17, 2025
Hawaii Bill Would Increase Capital Gains Tax On Some Filers
Hawaii would increase the state's capital gains tax for nonresidents and foreign taxpayers under a bill introduced in the state House of Representatives.
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January 17, 2025
Hawaii Bill Would Bar Excise Tax On Assistance-Eligible Food
Hawaii would exempt food that is eligible for purchase using assistance programs from the state excise tax under a bill introduced in the state House of Representatives.
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January 17, 2025
Minn. Gov. Calls For Trimming Sales Tax, Adding It To Services
Minnesota would shave its sales tax rate but apply it to professional services under a biennial budget proposal by Gov. Tim Walz.
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January 17, 2025
Hawaii House Bill Seeks Higher Tax Rate, Exemption Level
Hawaii would exempt single filers with $100,000 or less in taxable income from the state's income tax and increase the top tax rate under a bill filed in the state House of Representatives.
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January 17, 2025
Hawaii Bill Seeks To Make Renter Tax Credit Permanent
Hawaii would make its renters tax credit permanent and change the credit's amounts under a bill introduced in the state House of Representatives.
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January 17, 2025
Hawaii Bill Would End Mortgage Deduction For 2nd Homes
Hawaii would put an end to its state tax deduction for mortgage interest on second homes under a bill introduced in the state Senate.
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January 17, 2025
Hawaii House Bill Seeks Worldwide Combined Reporting
Hawaii would impose a mandatory worldwide combined reporting system for corporations effective next year under a bill filed in the state House of Representatives.
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January 17, 2025
Minn. Sen. Bill Seeks Sales Tax Break For Food Service Gear
Minnesota would exempt food service preparation equipment from sales and use taxes under legislation introduced in the state Senate.
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January 17, 2025
Minn. Senate Bill Would Repeal Healthcare Provider Taxes
Minnesota would eliminate its 1.8% tax on various healthcare providers and services under legislation introduced in the state Senate.
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January 17, 2025
Va. Blinds Maker Deemed Responsible For Sales Tax
A Virginia company that manufactures and sells blinds would be on the hook for sales and use tax on the cost of raw materials or on property used for an installation job, the state's tax commissioner said.
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January 17, 2025
Hawaii Sen. Bill Seeks To Increase Real Property Exemption
Hawaii would increase its real property exemption beginning in 2026 to combat inflation under a bill introduced in the state Senate.
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January 17, 2025
Taxation With Representation: Simpson Thacher, Covington
In this week's Taxation With Representation, Eli Lilly and Co. buys a precision breast cancer program, Applied Digital Corp. enters a financing agreement for its high-performance computing business, Clearwater Analytics buys Enfusion, and Lantheus Holdings Inc. buys Life Molecular Imaging Ltd.
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January 17, 2025
Md. House Bill Seeks Social Media Tax For Mental Health
Maryland would charge a tax on the revenue of large social media services, with the funds dedicated to a mental healthcare fund for children and youth, under legislation introduced in the state House of Delegates.
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January 17, 2025
Hawaii Bill Would Extend Sunset Date For County Surcharges
Hawaii would push back the sunset date for counties imposing a surcharge on the state's general excise tax under a bill introduced in the state House of Representatives.
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January 16, 2025
Browns Stadium Fight Belongs In Ohio State Court, Judge Told
The city of Cleveland has sued the Browns in Ohio state court in an attempt to block the NFL team's planned stadium move, as the city and the state are urging the judge in a separate federal case to toss the team's bid to relocate to the suburbs.
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January 16, 2025
NY ALJ Backs Use Of Convenience Rule To Tax Bank Manager
A Pennsylvania resident who stopped commuting to New York for his job as a bank manager in 2020 due to the COVID-19 pandemic was still subject to New York tax under the state's convenience-of-the-employer rule, an administrative law judge said in a determination released Thursday.
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January 16, 2025
NY Urges Retroactive Application Of P.L. 86-272 Regulations
A federal law providing limited protections against state income tax does not curb a state's authority to tax nonsolicitation business activities over the internet, and a New York rule allowing state taxation of such activities is valid and can be enforced retroactively, New York told a state court.
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January 16, 2025
Ohio Board Nixes Local Net Profits Tax Levy On Electric Co.
A local tax review board in Ohio properly decided an economic development zone was not authorized to impose its net profits tax on an electric utility company, because state statute forbids it, the Ohio Board of Tax Appeals ruled Thursday.
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January 16, 2025
Justices' Pass On Philly Tax Muddles Income Tax Credit Rules
The U.S. Supreme Court's refusal to weigh whether Philadelphia must credit a resident's tax paid to Delaware against the city's wage tax raises questions about whether state and local taxes could be considered together in the calculation of income tax credits.
Expert Analysis
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Time To Fix NYC's Broken Property Assessment System
A New York appellate court's decision to revive Tax Equity Now New York v. City of New York may force the city to revamp its outdated and unfair real estate tax assessment system, which could be fixed with a couple of simple changes, says Seth Feldman at Romer Debbas.
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Strange Notions Bubble Up: SALT In Review
From an assault on North Carolina's phaseout of its corporate income tax to a court ruling on the taxability of sparkling water in Pennsylvania, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Don't Use The Same Template For Every Client Alert
As the old marketing adage goes, consistency is key, but law firm style guides need consistency that contemplates variety when it comes to client alert formats, allowing attorneys to tailor alerts to best fit the audience and subject matter, says Jessica Kaplan at Legally Penned.
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Think Like A Lawyer: Follow The Iron Rule Of Trial Logic
Many diligent and eager attorneys include every good fact, point and rule in their trial narratives — spurred by the gnawing fear they’ll be second-guessed for leaving something out — but this approach ignores a fundamental principle of successful trial lawyering, says Luke Andrews at Poole Huffman.
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The Art Of Asking: Leveraging Your Contacts For Referrals
Though attorneys may hesitate to ask for referral recommendations to generate new business, research shows that people want to help others they know, like and trust, so consider who in your network you should approach and how to make the ask, says Rebecca Hnatowski at Edwards Advisory.
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4 Ways To Refresh Your Law Firm's Marketing Strategy
With many BigLaw firms relying on an increasingly obsolete marketing approach that prioritizes stiff professionalism over authentic connection, adopting a few key communications strategies to better connect with today's clients and prospects can make all the difference, say Eric Pacifici and Kevin Henderson at SMB Law.
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Consider 2 Alternative Exit Plans In RE Distress Scenarios
In the face of an impending wave of foreclosures, lenders and borrowers alike should consider two exit strategies — deed-in-lieu of foreclosure and consent foreclosure — that can mitigate potential costs and diminution in property value that could be incurred during a lengthy proceeding, say attorneys at BCLP.
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SC's Courts Have It Wrong On Amazon Marketplace Sales Tax
The South Carolina Supreme Court should step in and correct the misguided change in tax law effectuated by lower court rulings that found Amazon owes state sales tax for marketplace sales made prior to the U.S. Supreme Court’s Wayfair v. South Dakota decision in 2018, says Hayes Holderness at the University of Richmond.
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Constitutional Shenanigans And Other Sports: SALT In Review
From a challenge to New York's end run on a federal law to voters' rejection of a sales tax that would aid Kansas City's major league teams, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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This Earth Day, Consider How Your Firm Can Go Greener
As Earth Day approaches, law firms and attorneys should consider adopting more sustainable practices to reduce their carbon footprint — from minimizing single-use plastics to purchasing carbon offsets for air travel — which ultimately can also reduce costs for clients, say M’Lynn Phillips and Lisa Walters at IMS Legal Strategies.
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Weisselberg's Perjury At Trial Spotlights Atty Ethics Issues
Former Trump Organization executive Allen Weisselberg’s recent guilty plea for perjury in the New York attorney general's civil fraud trial should serve as a reminder to attorneys of their ethical duties when they know a client has lied or plans to lie in court, and the potential penalties for not fulfilling those obligations, say Hilary Gerzhoy and Julienne Pasichow at HWG.
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Practicing Law With Parkinson's Disease
This Parkinson’s Awareness Month, Adam Siegler at Greenberg Traurig discusses his experience working as a lawyer with Parkinson’s disease, sharing both lessons on how to cope with a diagnosis and advice for supporting colleagues who live with the disease.
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Why Supreme Court Should Allow Repatriation Tax To Stand
If the U.S. Supreme Court doesn't reject the taxpayers' misguided claims in Moore v. U.S. that the mandatory repatriation tax is unconstitutional, it could wreak havoc on our system of taxation and result in a catastrophic loss of revenue for the government, say Christina Mason and Theresa Balducci at Herrick Feinstein.