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
Bloomberg Tax Multinational corporations have long battled the IRS and other nations’ taxing authorities over their transfer pricing arrangements. But transfer pricing examinations and disputes at the state level can be even more challenging due to a lack of consistency and transparency, particularly in states that require entities conducting a unitary business to file separate … Continue Reading
Reprinted from Tax Notes State, April 15, 2024 To incentivize investment in clean or renewable energy, the Inflation Reduction Act of 2022 (IRA) created — and in some cases improved on existing — federal income tax credits availablemto investors in eligible clean or renewable energy projects. Some of these credits are popular, at least in … Continue Reading
