Jeffrey Birdsong presented at Tulane University Law School‘s 73rd Annual Tax Institute on November 13.
Jeff’s presentation “State & Local Tax Rundown” discussed key updates and recent topics in Louisiana SALT, including the 2024 Regular Legislative Session, tax reform, transfer pricing, ITEP developments, and litigation.
In Loper Bright Enterprises v. Raimondo, the US Supreme Court overturned the 40-year-old Chevron doctrine, which instructed courts to defer to any reasonable agency interpretation of an ambiguous law. This move has led many in the state and local tax community to consider the potential impact on state agencies authorized with administering
Quinn said the timing of the notice was curious because New Jersey switched to combined reporting, which requires related
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
Join Jones Walker state and local tax partners Andre Burvant, Katie Quinn, and Christopher Lutz as they discuss taxing digital products, remote workers, and state transfer pricing audits at the COST Tech Industry Conference August 16-17.
The Louisiana Department of Revenue (the “Department”) released Revenue Information Bulletin No. 21-029 announcing the “Louisiana Transfer Pricing Managed Audit Program.” Beginning November 1, 2021, eligible corporations may request to participate in the program in order to resolve intercompany transfer pricing issues with the Department. Newly registered taxpayers, existing taxpayers, and taxpayers currently under audit
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
Department of Revenue Now Authorized to Hire Auditors and Expert Witnesses on Contingency Fees
$1,000,000 Appropriation to Fund Contingency Contracts
RFPs Quickly Issued for Transfer Pricing Audits and Underreported Cash Sales
The Mississippi Legislature recently authorized the Department of Revenue to hire third party tax auditors and expert witnesses and to pay them contingency fees