Great analysis by my colleague, Katie Quinn, on New Jersey’s request for quotes for transfer pricing consultants. New Jersey transitioned to combined reporting, why do they anticipate a need for transfer pricing assistance moving forward? Quinn said the timing of the notice was curious because New Jersey switched to combined reporting, which requires related entities … Continue Reading
Jones Walker SALT Team partner Alysse McLoughlin will present “State Tax Implications of Pillar Two for Multinational Companies” at the Council on State Taxation Workshop for Technology Companies on August 14 in Cupertino, CA. Click here to register for the COST Workshop for Technology Companies.… Continue Reading
Jones Walker SALT Team partner, Alysse McLoughlin, will present on the “SALT in the Wound” panel at the COST Spring Conference. States continue to test the constitutional limitations on their taxing authority, and are sometimes successful in doing so. The panel will discuss the pivotal cases and the application of those decisions by the states … Continue Reading
Reprinted from Tax Notes State, April 22, 2024 It’s hard to believe it’s been over five years since the Maryland Court of Special Appeals held in Staples Inc. that an out-of-state parent could be subject to tax in the state by virtue of royalty payments made by in-state related entities despite all intercompany transactions being … Continue Reading
Last week, South Carolina Governor McMaster signed into law Act No. 113 in a much needed reproach to the Department of Revenue’s aggressive attempts to undermine the state’s separate reporting regime for apportioning corporate income. While the law creates a new paradigm for how and in what manner the state or taxpayer may obtain alternative … Continue Reading
