Survey of State Tax Departments
|
|
Summary
The Survey of State Tax Departments is very popular with practitioners who rely on it as a quick
way to gain insights on state tax positions and make more informed planning decisions. The Survey clarifies state positions
on any gray areas of corporate income and sales and use taxes. Every state and the District of Columbia participated in the
2009 edition of the Survey.
Contents
The Survey covers the following topics:
- Income tax nexus
- Deductibility of state and local taxes
- Conformity to I.R.C. § 338(h)(10)
- Treatment of income arising from bankruptcy
- Treatment of intangible holding companies
- Application of throwback and throwout rules
- Tax shelters
- Voluntary disclosures
- Net Operating Losses
- Sales and use tax nexus
|
 |
Highlights for this year include:
- Thirty states said they require NOLs to be determined on a post-apportionment basis.
- Thirty-five states said an employee that telecommutes from a home located within their borders would create nexus for the out-of-state employer.
- Thirteen states said registering would trigger nexus based solely on a company's registering to do business within their borders.
- Twenty-two states (two more than last year) said they require the add-back of amounts representing the payment of the Michigan Business Tax (MBT).
2009 Edition: $185.00 each (plus applicable state sales tax, shipping and handling)
