Mississippi’s proposed legislation to exempt student-athletes’ NIL income from state taxation has officially been shelved, halting what would have made Mississippi one of the few states offering such a targeted incentive. The bill’s failure reflects the broader trend of states (particularly with schools in the SEC) considering tax-based incentives to stay competitive in recruiting. For
During the final week of February, House Bill 4014 cleared the Mississippi House of Representatives. The bill exempts income earned by college athletes from their Name, Image, and Likeness (“NIL”) activities from Mississippi income tax.
If the measure clears the Senate and is signed by the Governor, Mississippi would become only the second state (following
On February 24, the Florida House and Senate released their initial tax proposals for the 2026 Regular Session. Both initial bills decouple from the corporate tax relief provisions contained in Trump’s One Big Beautiful Bill Act, although in different methods.
House Bill 7031 from the Ways and Means Committee includes corporate income conformity tax provisions
DOR “Fact Sheet” Was Not An “Other Officially Adopted Publication” And Was Not Owed Any Deference in Mississippi Tax Appeals
In an administrative tax appeal, Mississippi law requires the Board of Tax Appeals (the “BTA”) “give deference to the department’s interpretation and application of the statutes as reflected in duly enacted regulations and other officially
On October 28, 2025, Florida filed a motion for leave to file a bill of complaint in the United States Supreme Court challenging California’s business income tax apportionment regulation, alleging it unconstitutionally discriminates against out-of-state corporations. The case invokes the Court’s original jurisdiction over disputes between states, a mechanism reserved for matters of sufficient seriousness
[i]t is our position that the House does not need to limit itself in presenting one single plan, but instead allow the people of Florida the ability to
The Louisiana Department of Revenue recently published detailed guidance on the sales and use taxes imposed on digital products and services as a result of legislation passed during the Third Extraordinary Legislative Session in in November of 2024. The Department provides concrete examples of taxable and non-taxable transactions involving digital goods and services. The publication
In response to the LAA’s proposals, a handful of industry groups and individual taxpayers filed rebuttals objecting to the LAA’s proposals. The filed rebuttals can be found here. A hearing on the rebuttals is scheduled for August 20th. The Commission has set September 24th as a tentative adoption date for all proposed amendments to their
Alysse McLoughlin and Katie Quinn authored a recent installment of SALTy Thoughts in Tax Notes on July 31, 2025.
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After a suspenseful few months, on July Fourth President Trump signed the One Big Beautiful Bill Act (OBBBA, P.L. 119-21) into law. Among the bill’s many changes are amendments to the global intangible low-taxed
The Louisiana Assessor’s Association (LAA) has proposed revisions to the Regulations promulgated by the Louisiana Tax Commission (LTC) that will be applicable to all property tax assessments and procedures beginning for the Tax Year 2026. There are a number of revisions proposed by the LAA, but this notice focuses on two that will greatly impact