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State & Local Tax News, July 2022

4-Jul-29-2022-06-42-42-22-PM

Pennsylvania and Washington Address Sales Tax on NFTs

Pennsylvania and Washington are the first states to address the sales tax treatment of NFTs. How will other states react and what does this mean for you?

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5-Jul-29-2022-06-42-42-34-PM

A New York Case Changes the Game on Vacation Homes

Taxpayers had a big win in their fight against residency audits when a court ruled that a vacation home should not be treated as a permanent place of abode.

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3-Jul-29-2022-06-42-42-22-PM

OH & CA Address Income Tax Treatment for Sales of Equity Interests in a Business

Ohio enacted a new law and California issued guidance that could create income tax obligations in those states for nonresidents that sell their partnership interests.

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6-Jul-29-2022-06-42-42-29-PM

Massachusetts Issues Sales Tax Guidance on Process for Apportioning Software Sales

Massachusetts issued guidance on the application of the Oracle decision, which could provide sales tax refund opportunities for purchasers of prewritten software that were taxed in the state.

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