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State & Local Tax Update February 2022

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Multi-level marketer’s web-based platform not subject to sales tax in NY

Providing solutions via a web-based platform is a growing trend among businesses. Whether revenues from providing those solutions are classified for sales tax purposes as derived from software versus services is not always clear, making sales tax compliance difficult.


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NJ and CA modify pass-through entity tax rules to expand benefits

Recent amendments for pass-through entity taxes by New Jersey and California aim to expand the level of applicability of the tax and to increase the net potential tax benefits available to the owners of an electing pass-through entity. Be sure to find out how this may impact you!


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MA SaaS company eligible for single-factor apportionment as a manufacturer

Being treated as a manufacturer can lead to favorable state tax treatment. A recent Massachusetts ruling concluded that a taxpayer’s SaaS business was accurately classified as a manufacturer leading to tax savings.


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FL applies service revenue sourcing guidance based on location of deliverables

There are two main approaches to sourcing service revenue – market-based and cost-of-performance. The guidance varies amongst each state, which can significantly impact your company’s multi-state income tax liabilities.


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