Weekly Round-Up: Have the Clouds Lifted Concerning New York's Sourcing of Business Receipts From Web (Electronic) Transactions?


In a previous article, David Schmutter, Keith Eisenstein and Sam Cohen, all with Ernst & Young, suggested that legislation may be needed to clear up “cloudy” rules in the area of sourcing receipts from electronic transactions in New York. 

Legislation has since been passed.  In this week’s issue of the Bloomberg BNA Weekly State Tax Report, the authors discuss the newly adopted receipts-sourcing provisions and offer commentary as to whether those “clouds” have been lifted.

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:

Georgia Department of Revenue Announces 2015 Sales Tax Holiday

Maryland Comptroller of Treasury Announces Tax Amnesty Program for 2015

Florida Department of Revenue Issues Publication on Changes to Administration - Communications Services Tax

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… 

Puerto Rico adopts VAT tax system and broadens sales and use tax, by PwC

Delaware Senate Passes Unclaimed Property Reform Bill, by McDermott Will & Emery

Tyler Pipe II? Washington Court of Appeals Rejects Transactional Nexus Argument, Upholds B&O Tax on Drop Shipments, by Sutherland

Compiled by Priya D. Nair