It is rare for a proposed federal tax development to dominate the conversation in state and local tax (SALT). However, despite a few ebbs and flows over the course of the year, the groundbreaking federal tax reform effort did just that, given the potential implications for state tax laws.
In addition to considering federal tax reform, states continued to be active on SALT-specific matters, particularly with respect to businesses outside their borders. This was highlighted by a push by South Dakota to adopt sales tax economic nexus legislation that directly challenges the physical presence rule set in Quill Corp. v. North Dakota.
Major state court rulings were delivered in Pennsylvania and Virginia this year, and the Multistate Tax Commission kept busy, including finalizing amendments to corporate income tax allocation and apportionment regulations. California made a major overhaul of its tax administration system and soda tax initiatives faced stiff and often successful challenges in a number of jurisdictions.
As a whole, 2017 was a busy year for state and local tax news. Read Grant Thornton’s SALT top stories for 2017
to learn the details that matter to your business.
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Jamie C. Yesnowitz
SALT — National Tax Office Principal, Washington, D.C.
+1 202 521 1504
Director, SALT — National Tax Office, Chicago
+1 312 602 8517
Director, SALT — National Tax Office, Cincinnati
+1 513 345 4540
Priya D. Nair
Manager, SALT — National Tax Office, Washington, D.C.
+1 202 521 1546