New York Governor Andrew Cuomo recently enacted several pieces of legislation impacting the 2015–2016 budget.
In this week’s issue of the Bloomberg BNA Weekly State Tax Report, Maria Eberle, Lindsay LaCava and Alysse McLoughlin, all with McDermott Will & Emery, discuss the technical corrections made to New York's corporate income tax reform, sales and use tax provisions and reform of New York City's general corporation tax.
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:
Florida Department of Revenue Publishes Guidance Document on Imposition of Sales and Use Tax on Aircraft Dealers and Brokers
North Carolina Department of Revenue Issues Notice Regarding White Goods Disposal Tax and Real Property Contracts
New Jersey Division of Taxation Releases Publication Regarding Sales Tax on Investigation, Security Services
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…
Cleveland's Taxes on NFL Players Ruled Unconstitutional, by the Tax Foundation
Sutherland SALT Shaker: April 2015 Digest
Maryland Offers Attractive Amnesty Program – Even for Taxpayers Under Audit!, by McDermott Will & Emery
Compiled by Priya D. Nair
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