Tag Archives: Intercompany

Intercompany Transactions in Separate Reporting States

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

Bill Backstrom presents on Intercompany Transactions at COST Spring Audit and Income Tax Conference

SALT Team member, Bill Backstrom, recently co-presented “Intercompany Transactions – State Challenges” at the COST Spring Audit and Income Tax Conference in Denver, Colorado. The presentation focused on transactions between related parties and how they attract the attention of state taxing authorities. Tax authorities believe that such transactions provide opportunities for the “redistribution” of income. … Continue Reading
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