Read our State and Local Tax Alerts for legislative updates from all 50 states and more.
SALT Alerts
Related documents
South Carolina Court of Appeals holds Department of Revenue has burden of proof when proposing alternative apportionment method - May 21, 2012 The South Carolina Court of Appeals has held that when the South Carolina Department of Revenue proposes an alternative apportionment method, it has the burden of proving that its alternative method of apportionment is the most appropriate.
Oklahoma Supreme Court holds out-of-state intangible holding company did not have income tax nexus - May 16, 2012 The Oklahoma Supreme Court has held that an outofstate company’s licensing agreement with another outofstate company did not create Oklahoma corporation income tax nexus.
Portland and Multnomah County, Ore., tax amnesty program begins May 15, 2012 - May 15, 2012 Portland, Ore., Mayor Sam Adams and Revenue Director Thomas Lannom announced a new confidential, one-time only, business tax amnesty program, designed to encourage businesses that owe back taxes to the city of Portland and Multnomah County to comply with the law. The program, set to run from May 15 through July 16, 2012, will waive all penalties and reduce interest by 50 percent for qualifying businesses.
This website supports Grant Thornton LLP’s marketing of professional services, and is not written tax advice directed at the particular facts and circumstances of any person. If you are interested in the subject of this document we encourage you to contact us or an independent tax advisor to discuss the potential application to your particular situation. Nothing herein shall be construed as imposing a limitation on any person from disclosing the tax treatment or tax structure of any matter addressed herein. To the extent this document may be considered to contain written tax advice, any written advice contained in, forwarded with, or attached to this document is not intended by Grant Thornton to be used, and cannot be used, by any person for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.
