Weekly Round-Up: Tax Administration, Online Sales and Marijuana Legislation

Highlights from the 5/8/17 through 5/12/17 issues of the Daily Tax Report: State :

  • Multistate Tax Group Agenda: Who Should Report Online Sales
    Should online marketplaces such as eBay and Craigslist be required to comply with state notice and reporting requirements placed on remote sellers that don't collect and remit state sales and use taxes?
  • Vermont Legislature First to Pass Marijuana Legalization Bill
    The Vermont General Assembly has become the first legislative body in the country to pass a bill to legalize marijuana.
    Amazon Drives 123 Percent Gain in Utah ‘Nonstore’ Sales Taxes
    Utah saw a nearly 123 percent increase in sales and use taxes from “non-store retailers” after Amazon.com Inc. started collecting and remitting taxes to the state in January
  • Oklahoma Legislature Departs From Trump Plan on Tax Deduction
    A bill putting Oklahoma among the first states to decouple from the federal tax code in the wake of President Donald Trump's tax reform proposal is on the governor's desk following Senate passage.
  • California Tax Board Wish List: Tax Court?
    The California State Board of Equalization's public image may be what is driving Gov. Jerry Brown (D) and lawmakers to change the tax agency's structure by June. However, those who are most familiar with the board are focused on changes to its more private functions such as audits, tax appeals and setting tax policy.
  • Alabama Tax Chief Out, Urges Online Tax Fight to Go On
    Alabama's new governor has replaced the state's revenue commissioner, Julie Magee. Magee helped lead the state's charge on online retail and other out-of-state seller taxes—an issue that Alabama and other states hope to bring to the U.S. Supreme Court.

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

  • Arizona Legislature Amends Bill on Unused Tax Credits, Personal Exemption
  • Iowa Legislature Establishes First-Time Home Buyer Savings Account
  • New York Department of Taxation and Finance Proposes Adding Rules on Computation of Prior Net Operating Loss Conversion Subtraction
  • Oregon Legislature Amends Law on Property Tax Refund Credits
  • Washington Department of Revenue Announces Holiday Shopping Helped Boost Fourth Quarter 2016 Sales

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 … 

North Carolina Set to Post Another Large Budget Surplus by the Tax Foundation

Pennsylvania Defines Taxable ‘Support’ to Canned Computer Software and Other Digital Property by PwC

Compiled by Chreasea Dickerson