After sixteen months fraught with uncertainty and fear, COVID-19 is fortunately receding. As life slowly gets back to a “new normal” for businesses and their employees alike, the state and local tax (SALT) issues that will be faced in the coming months loom large. The continuing federal stimulus efforts designed to address the pandemic has already led to dynamic SALT consequences. For example, state legislatures have had to quickly react to unexpectedly benign budget conditions, resulting in some interesting evaluation of their overall SALT structures leading to adopted legislation. At the same time, litigation on SALT matters never stops, even at the tail end of a pandemic. We will discuss significant SALT legislative and case law developments that have occurred in the first half of 2021, and take a look at what potential SALT issues may come to the forefront this summer and beyond.
- Determine the most important income and indirect tax developments that have occurred so far in 2021
- Analyze how states have reacted to the influx of funds received through federal stimulus packages
- Identify potential SALT issues that will develop as states continue to pursue a post-pandemic new normal
Please note: CPE credits are not awarded for webcast replay.
Recommended Field of Study:
- Mark Arrigo, Partner, SALT National Managing Partner, Grant Thornton LLP
- Jamie Yesnowitz, Principal, SALT Leader-Washington National Tax Office, Grant Thornton LLP
- Chuck Jones, Director, SALT-Washington National Tax Office, Grant Thornton LLP
Group - Internet
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