It’s now official. Louisiana Governor Jon Bel Edwards (D) has finally released his Call for a special legislative session to begin February 19th and conclude March 7th. The Call, released today, February 9, 2018, is intended to allow the Louisiana legislature to address the long-term issue of its current taxing and spending structure, as
SALTy and Sweet at Washington D.C. Mardi Gras
Jones Walker SALT Team members Bill Backstrom and Jay Adams danced the night away at the Washington D.C. Mardi Gras Mystick Krewe of Louisianians Carnival Ball. This year’s theme, ‘One Love for Louisiana’ marked the organization’s 66th year of celebration.
Bill and Jay also had the pleasure of meeting Louisiana Strawberry Queen XLVII, Gina Recotta.
Bill Backstrom already in line for Quill arguments in Wayfair case
SALT Team leader Bill Backstrom is already in line at the U.S. Supreme Court (way too early!) for the oral arguments of the Wayfair v. South Dakota case.
Fletcher Presents at MS Tax Institute
John Fletcher, a partner on the State and Local Tax team, conducted two joint presentations with officials with the Mississippi Department of Revenue at the Mississippi Tax Institute on December 7, 2017 in Jackson, Mississippi. John’s sessions updated attendees in the areas of multi-state taxation of pass-through entities, potential Mississippi consequences of the
Louisiana Governor Provides Draft of 2018 Tax & Budget Priorities to Address Looming Fiscal Cliff and Long-Term Tax Reform
Louisiana Governor John Bel Edwards (D) recently met with leaders from the Louisiana Legislature to discuss his draft 2018 Tax & Budget Priorities, including recommendations for how the State should address the long-term issue of its current taxing and spending structure, as well as the short-term issue of the $1 billion “fiscal cliff” looming
House and Senate Release Final Tax Reform Bill
On December 15, the House and Senate conference committee released a conference report that reconciled the differences in each chamber’s tax reform bills. Both the House and Senate are expected to vote on the reconciled bill this week. Both have indicated that they have the necessary votes to pass the bill and the President has
Mississippi Files Final Remote Seller Use Tax Regulation
“Substantial economic presence” nexus standard formally embodied in regulation.
As expected after recently having filed an economic impact statement, the Mississippi Department of Revenue on November 1 filed its final remote seller use tax regulation with the Secretary of State. The new regulation will be effective December 1, 2017, and contains numerous changes from the
Louisiana Voters Pass Ad Valorem Tax Exemption for Construction Projects
On October 21, 2017, Louisiana voters resoundingly voted in favor of a Constitutional Amendment to the Louisiana Constitution (Act 428 of the 2017 Regular Session of the Louisiana Legislature). The Amendment clarifies a long standing practice that construction materials delivered to a construction site are exempt from ad valorem tax during the pendency
Tax Clearance Now Required for Louisiana State Sales Tax Resale Certificates and Approval of Certain State Procurement Contracts
The Louisiana Department of Revenue has now issued formal guidance regarding the new requirement that taxpayers receive a Louisiana state tax clearance in order to obtain: (i) a new or renew an existing Louisiana state sales tax resale certificates; and (ii) approval of certain Louisiana state procurement contracts.
Specifically, the Department has issued the following
Mississippi Takes Next Step Toward Finalizing Remote Use Tax Collection Regulation
Files Questionable Economic Impact Statement with Secretary of State
On Tuesday, the Mississippi Department of Revenue filed an economic impact statement with the Secretary of State addressing its proposed regulation adopting use tax economic nexus standards and remote seller collection obligations. Readers may recall the Department issued the proposed regulation in January and held a