Weekly Round-Up: New York State Tax Appeals Tribunal Furnishes Extensive Unitary Business Analysis in ‘SunGard' Reversal


Many questions still exist about the unitary business parameters in New York, and there will only be more as the corporate tax reform legislation takes effect and unitary business issues take center stage. 

In this week’s issue of the Bloomberg BNA Weekly State Tax Report, Richard Genetelli and David Zigman, of The Genetelli Consulting Group, discuss the SunGard decision and the reporting guidance it offers taxpayers.

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:

Alabama Department of Revenue Issues Guidance on Income Tax Filing Status for Same-Sex Couples

Louisiana Department of Revenue Issues Bulletin on 2015 Legislative Changes to Corporate Income Tax

Connecticut Department of Revenue Services Releases Summary of 2015 Legislation Affecting State Taxes

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…

District of Columbia Accelerates Tax Reform, by the Tax Foundation

Alabama Department of Revenue Wisely Withdraws Controversial Proposal, by Bradley Arant Boult Cummings

$200 million of California Competes credits announced, applications begin July 20, 2015, by PwC

Compiled by Priya D. Nair