Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...
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.
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