In this week’s issue of the Bloomberg BNA Weekly State Tax report, Bloomberg BNA's Ernst Hunter discusses the sales tax treatment of “tiny homes”—very small, often movable houses that are much less expensive than a traditional home. While many jurisdictions have existing sales tax rules for mobile homes, this article explores the implications of applying those rules to tiny homes.
The article can be read in its entirety here.
Other highlights from the 12/11/15 issue of the Weekly State Tax Report:
* The U.S. Supreme Court tackles the nature of state sovereignty during the oral arguments for Franchise Tax Bd. of Cal. v. Hyatt
* The MTC forwards model regulations for market-based sourcing of receipts from sales of services to the Executive Committee
* The Michigan Treasury declines to appeal a state appeals court decision on the taxation of cloud-based software, but may look to the legislature to get its way
* Hallmark Marketing Co. LLC and the Texas Comptroller's Office disagreed over whether the company was obligated to include a net loss from the sale of an investment asset when it reported company-wide gross receipts in calculating its Texas franchise tax
Some notable developments from the State Tax Developments Tracker–Bloomberg BNA’s new tool for monitoring important developments in all the states:
Illinois Department of Revenue Adopts Rules on Apportionment of Business Income of Transportation Companies
New Jersey Superior Court Appellate Division Affirms Tax Court's Decision Reversing Director's Assessment And Holding Throw-Out Rule Inapplicable
California Franchise Tax Board Announces That State Wants To Return $28 Million in Undelivered Income Tax Refunds
Indiana Department of Revenue Releases Report on Tax Amnesty 2015
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…
New Employee-Training Credits & Incentives Opportunities in New York, by Deloitte Tax LLP
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)