The New York Budget Bill, SB.4009/A.B.3009, introduced on Sunday includes a provision allowing the NYS Department of Taxation and Finance (“Department”) to appeal determinations of the Tax Appeals Tribunal to the New York State Appellate Division under certain circumstances. Currently, the Tax Law allows only the taxpayer to appeal determinations of the Tax Appeals Tribunal. Specifically, … Continue Reading
Matt Mantle, a partner on the firm’s State & Local Tax Team in the New Orleans office, was recently quoted in a Tax Notes article about Louisiana’s budget shortfalls and the special legislative session. The article, “Louisiana Special Session Will Focus on Spending Cuts to Close Budget Hole” Matt comments, The governor has said he … Continue Reading
The Louisiana House of Representatives took a major step yesterday in addressing the $1.6 billion budget hole for the 2016 fiscal year. All in, the House moved forward approximately $664 million in revenue raising bills, in spite of many protests by business and industry representatives. While the stated goal of many legislators was to have the burden … Continue Reading