Weekly Round-Up: Pending MTC Election Case and Sales Tax Nexus Expansion


Weekly Round-Up: Pending MTC Election Case and Sales Tax Nexus Expansion

Highlights from the 5/27/16 issue of the Weekly State Tax Report :

  • Multistate Tax Compact Election Case Pending in Colorado

    A “Gillette-style” MTC election case is pending in a Colorado District Court. The complaint, which was filed in March of this year, comes after Sherwin Williams Co.  amended their 2009 tax return seeking to use the MTC alternative apportionment formula.

  • High Court Upholds Florida Tax on Out-of-State Deliveries

    The Florida Supreme Court upholds the use of origin-based sourcing for out-of-state flower deliveries made by companies located in-state.

  • Supermajority Initiative Struck Down by Washington Top Court

    The Washington Supreme Court rejects a voter-approved initiative urging the legislature to adopt a constitutional amendment requiring a two-thirds vote for any tax increase. 

  • Sales Tax Nexus Expansion Sent to Minnesota Governor

    A bill expanding the definition of nexus to help capture revenue from online sales was sent to the governor. However, collection duties are contingent on changes occurring on a national scale.

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

  • Hawaii Department of Taxation Releases Information on Voluntary Disclosure Practices

  • North Carolina Announces Refund and Assessment Interest Rates

  • Oklahoma Establishes $25,000,000 Annual Cap on Investment and New Jobs Tax Credits

  • Oregon Tax Court Denies Homestead Exemption Because Property is Owned by Irrevocable Trust

  • Maryland General Assembly Enacts Law Concerning Maryland Clean Energy Incentive Act

In other developments… 

South Carolina ALJ Holds Apportionment of Service Income is Neither Costs of Performance nor Market Based, it is a Flexible Standard Based on Industry, by PwC

Florida Legislation Provides Significant Broad-Based Tax Relief, by Grant Thornton


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

Compiled by Chreasea Dickerson