Weekly Round-Up: 24 Months Through the Crystal Ball: Emerging Trends in State and Local Taxation (Part II)


In Part I of ‘Through the Crystal Ball,' David Fruchtman guided taxpayers through the turbulent waters of operating a business across state lines. 

In this week’s issue of the Bloomberg BNA Weekly State Tax Report, Fruchtman discusses, in Part II, corporate income tax issues and sales and use taxes for remote vendors.

The article can be read in its entirety here.

Some notable developments from the State Tax Developments Tracker–Bloomberg BNA’s new tool for monitoring important developments in all the states:

Colorado Department of Revenue Publishes June 2015 Marijuana Tax Advisory

Wisconsin Department of Revenue Anticipates It Will Return Approximately $14.7 Million to Owners of Unclaimed Property

Illinois Department of Revenue Issues Bulletin Summarizing Sales Tax Rate Changes 

For more information about this and other state tax issues, sign up for a free trial of the Bloomberg BNA Premier State Tax Library. 

In other developments… 

Louisiana Legislature Passes Several Corporate Income Tax Bills, Taxpayer Action by June 30, 2015, Should Be Considered to Secure Certain Benefits, by PwC

House Judiciary Committee Approves Three State Tax Bills, by McDermott Will & Emery

Alaska Ends Film Tax Credit Program, by the Tax Foundation

Compiled by Priya Nair