Quinn said the timing of the notice was curious because New Jersey switched to combined reporting, which requires related
State Transfer Pricing Defense Needs Deep Section 482 Analysis
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
A Trap for the Unwary Purchaser of an IRA Credit
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