Prospects of More Decoupling From I.R.C. Raise Concerns About Complexity, Federal Indifference to State Fiscal Needs Related Articles

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

The enactment of the federal Small Business Jobs and Credit Act of 2010 creates a series of federal tax breaks which experts expect states to decouple their tax codes from in an effort to forestall revenue losses. In this article, BNA talks to state tax specialists about the tendency of states to resort to decoupling from federal measures and the complications it creates for taxpayers and states alike.

This article is available to subscribers of the Weekly State Tax Report. For more information or to take a trial to the report, click here.