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The Bloomberg BNA SALT Blog is a forum for practitioners and Bloomberg BNA editors to share ideas, raise issues, and network with colleagues about state and local tax topics. The ideas presented here are those of individuals and Bloomberg BNA bears no responsibility for the appropriateness or accuracy of the communications between group members.

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Archive : May 2012

May 30, 2012

Incentives Watch: Another State Makes a Deal With Amazon.com Regarding Sales Tax Collection

Amazon.com recently entered into a deal with New Jersey to begin collecting sales taxes on purchases made by state residents in exchange for help in building facilities in the state, according to an article in Bloomberg BNA Daily Tax Report.

May 25, 2012

Weekly Round-Up: Sales Tax Treatment of Deal-of-the-Day Stumps SST Governing Board

All states, including the 21 states that fully adopt the Streamlined Sales Tax Agreement, exclude “cash discounts” and “seller's coupons” from the definition of sales price, but complexities arise with respect to “manufacturer's coupons,” especially when this paradigm is applied to social media coupons and other types of emerging discount transactions, Roll and Swann explain.

May 23, 2012

Incentives Watch: Is New Jersey’s Solar Initiative a Victim of its Own Success?

New Jersey is a leader in the use of solar energy, second only to California in terms of installations and installed capacity, according to New Jersey’s Clean Energy Program . But now, New...

May 21, 2012

State Tax Snapshot: Growing Minority of States Adopt Factor Presence Nexus Standards

State tax departments continue to show a broad and growing acceptance of “economic nexus” theories for purposes of income tax nexus determinations, according to Bloomberg BNA’s 2012 Survey of...

May 18, 2012

Weekly Round-Up: Is Arizona Going Against the Grain on the Use Tax Liability Reporting?

Arizona recently repealed a year-old requirement for a statement of use tax liability for online purchases on a taxpayer's income tax return, according to a story in this week’s issue of...

May 16, 2012

Incentives Watch: New Film Credit Study Examines Benefits and Costs of State Programs

The effectiveness of state tax incentive programs requires the attraction of film productions that would have not otherwise been filmed there, according to a recently released study by Ernst...

May 14, 2012

State Tax Snapshot: Some States Don’t Issue, Release Private Letter Rulings

Some states do not issue private rulings at all, while others do not make them available to the public, according to a panel discussing the transparency obligations of state and local government at the American Bar Association’s Tax Section Meeting in Washington, D.C., May 11.

May 11, 2012

Cloudy with a Chance of Nexus: Bloomberg BNA Webinar to Analyze 2012 Survey of State Tax Departments

The results of Bloomberg BNA's 2012 Survey of State Tax Departments will be analyzed by state tax policy experts on both sides of the nexus debate in “Cloudy with a Chance of Nexus,” a Bloomberg BNA Webinar to be offered from 12:30 to 2 p.m. on May 17.

May 9, 2012

Incentives Watch: Wind Industry Growth Strong Despite Uncertainty Over Federal Production Tax Credit’s Fate

Controversy around the federal production tax credit continues as the clock ticks down to the end of 2012, when the credit is currently set to expire.

May 7, 2012

State Tax Snapshot: Different Amazon Laws Meet Similar Fate

States have adopted different approaches to attempting to require remote vendors such as Amazon to collect sales or use tax. Two of these approaches suffered a blow recently after a federal...

May 4, 2012

Weekly Round-Up: The Beginning of the End for Amazon Laws?

Amazon Laws took two major hits recently. Last week, an Illinois state court judge sided with the electronic marketing industry in its challenge to the state's so-called Amazon tax law, ruling April 25 that the law violates the Constitution and federal rules governing electronic commerce, Bloomberg BNA correspondent Michael Bologna reported.

May 2, 2012

Incentives Watch: Alabama Seeks to Attract Data Centers By Offering Enhanced Incentives

Alabama recently passed legislation aimed at attracting data centers to the state. With the enactment of H.B. 154, known as the Alabama Data Processing Center Economic Incentive Enhancement Act, the state is positioning itself to become a very desirable spot for data centers to locate to within the country.