Close
Close

State and Local Thinking -- November 2015

RFP
State and local Thinking - November 2015 issueSALT Alerts
SALT Alerts are available via Twitter.

Illinois resumes operation of EDGE and film production incentive programs, but tax credit payouts remain suspended
Illinois Gov. Bruce Rauner on Nov. 10 announced that the Illinois Department of Commerce and Economic Opportunity will immediately resume approvals of the economic development for a growing economy (EDGE) tax credit and the film production tax credit. Read the SALT Alert.

Michigan Court of Appeals holds certain cloud computing not subject to use tax
The Michigan Court of Appeals held in a published decision on Oct. 27 that the purchase and use of certain cloud computing services by a Michigan insurer weren't subject to Michigan use tax. Specifically, transfers of data to a company resulting from the third-party use of prewritten computer software were not subject to use tax because there was no delivery of software to the company. Read the SALT Alert.

District of Columbia Qualified High Technology Company eligibility status addressed
Two recent decisions regarding the District of Columbia Qualified High Technology Company (QHTC) designation shed light on what types of activities will enable companies to claim QHTC tax benefits. Read the SALT Alert.

Chicago City Council approves budget significantly raising property taxes
The Chicago City Council on Oct. 28 approved Mayor Rahm Emanuel’s spending plan and proposed revenue package for the 2016 fiscal year that runs from Jan. 1 through Dec. 31, 2016.  Read the SALT Alert.

Iowa Department of Revenue addresses Wynne by issuing guidance on credits for taxes paid to other states
The Iowa Department of Revenue on Oct. 16 became the second state tax authority to directly respond to the U.S. Supreme Court’s decision in Comptroller of the Treasury v. Wynne following the Maryland comptroller’s acquiescence to the case. The department’s guidance conforms to the Wynne decision and expands the application of the individual income tax credit that Iowa residents may take for taxes paid to other states. Read the SALT Alert.

New Alabama regulation to require out-of-state sellers to collect sales and use tax contrary to Supreme Court precedent
Alabama recently promulgated a controversial regulation requiring certain out-of-state retailers to collect sales and use tax on sales made in Alabama, even though the out-of-state retailers may not have physical presence in Alabama. Read the SALT Alert.


Thought leadership from our State and Local Tax professionals

Publications
  • Nov. 2, State Tax Today, "D.C. Council Chair to Introduce Legislation to Repeal Tax Havens List," Jamie Yesnowitz, SALT principal, quoted.

Tax professionals
 

Meet Jay Baehman, SALT director in Appleton, Wis.
Jay Baehman is a SALT Indirect Tax director in Grant Thornton’s Appleton, Wis., office. He has experience in sales tax, corporate income tax, property tax and individual income tax in the construction, manufacturing and retail industries. With more than 18 years of diversified experience in state tax, Jay supports growth strategies for his clients while managing the state tax effects on their businesses.

Before joining Grant Thornton, Jay was a tax auditor for the state of Wisconsin, auditing businesses for their compliance with Wisconsin income, sales and use, and withholding tax laws.

Jay’s SALT consulting experience includes providing audit representation, conducting reverse sales tax audits, performing nexus studies and providing prospective tax planning. Jay also helps companies implement strategies to obtain direct sales and use tax exemptions on transportation equipment and on certain utilities.

Jay earned a BS in accounting from the University of Wisconsin-Oshkosh.




Tax professional standards statement
This content 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 topics presented herein, we encourage you to contact us or an independent tax professional to discuss their 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 content may be considered to contain written tax advice, any written advice contained in, forwarded with or attached to this content is not intended by Grant Thornton LLP 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.