Welcome to the January 2021 Issue of the Aprio State & Local Tax (SALT) Newsletter

With dozens of different taxes imposed by the 50 states (and thousands of local jurisdictions), we recognize how challenging it is to keep up with current issues and developments. This newsletter is designed to provide insights on developments in state and local taxes including new legislation, regulations, rulings and cases addressing issues such as corporate and personal income taxes, sales and use taxes, nexus, franchise/net worth taxes, etc.

This issue of the newsletter contains articles addressing:

In case you missed prior issues of this newsletter, please click here.

If you have any comments, questions or suggestions regarding current or future topics, or if you would like to learn more about Aprio's SALT Practice, please email me at jeff.glickman@aprio.com. Thank you.

Jeff Glickman, J.D., LL.M.

Partner-in-Charge, State & Local Tax Practice

Georgia Makes Favorable Changes to Job Tax Credits and Adopts PPE Tax Credit Regulation

By Jeff Glickman, J.D., LL.M., Partner-in-Charge, SALT Practice

Georgia businesses can breathe a sigh of relief: additional tax help is on the way, in the form of changes to the JTC program and new regulations around the PPE Credit. We break down the top changes you should know in this article.

Oregon Rules That Dividends and Gains From the Sale of Subsidiaries Are Not Taxable

By Jess Johannesen, CPA, SALT Senior Manager

If your business is involved in the sale of a subsidiary company, it’s essential to be mindful of the tax rules around the transaction. Case in point? Comcast, and the OTC’s recent ruling focused on the company. We break down the facts in this article.

Does Participation at a Trade Show (Post-COVID) Create Sales Tax Nexus?

By Tina M. Chunn, CPA, SALT Senior Manager

If your business is planning to embark on a busy trade show schedule after the COVID-19 pandemic, then it’s important for you to understand the nuances of the rules regarding sales tax nexus. Here are some examples and key considerations to keep in mind.

Arkansas Legal Opinion Highlights the Treatment of Services Provided with the Sale of Property

By Kristen Mantilla, SALT Associate

As a business owner who sells products and services, you may feel you have a solid understanding of the rules around sales tax. But a recent legal opinion out of Arkansas shows that those rules aren’t necessarily clear cut. Here’s what you need to know.

About Aprio's State and Local Tax Practice

Aprio's State and Local Tax (SALT) practice advises clients on the state and local tax implications of their business operations, allowing clients to strategically minimize their liabilities and risks. Our team has over 50 years of combined SALT experience working in industry, state departments of revenue, public accounting and private law practice. We specialize in all areas of SALT, including matters related to state tax nexus, corporate and personal income taxes, sales/use tax, franchise/net worth taxes, credits and incentives, and mergers and acquisitions. In addition, we represent clients in administrative matters before state revenue departments around the country, including audit defense and settlement negotiations, pursuing voluntary disclosure agreements and obtaining letter rulings.

State & Local Tax news