The BR State + Local Tax Spotlight: July 2023
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Note from the Editors
Welcome to the July 2023 edition of The BR State + Local Tax Spotlight. We understand the importance of remaining up-to-date on State + Local Tax developments, which appear often and across numerous jurisdictions. Staying informed on significant legislative developments and judicial decisions helps tax departments function more efficiently, along with improving strategy and planning. That is where The BR State + Local Tax Spotlight can help. In each edition, we will highlight important State + Local Tax developments that could impact your business.
We invite you to share The BR State + Local Tax Spotlight with your colleagues and visit Blank Rome’s State + Local Tax webpage for more information about our team. Click here to add State + Local Tax to your subscription preferences.
Joshua M. Sivin and Melanie L. Lee
ARTICLES
Multistate Businesses Subject to the New Jersey Gross Income Tax Beware of Apportionment Change
By Mitchell A. Newmark
It has long been a trap for the unwary, or a helpful tip for those in the know, that multistate income from business that is reported on a New Jersey Gross Income Tax return is apportioned differently from the way that such income is apportioned if the income was instead subject to the New Jersey Corporation Business Tax. Read More >>
New Jersey Makes Substantial Changes to the Corporation Business Tax
By Kara M. Kraman
On July 3, 2023, New Jersey Governor Phil Murphy signed into law S.B. 3737 / A.B. 5323, which makes significant changes to the Corporation Business Tax. Read More >>
Minnesota Tax Court Addresses What Constitutes Solicitation under Public Law 86-272
By Irwin M. Slomka
The challenges in establishing protection under Public Law 86-272, and the relative ease by which protected solicitation activities can be exceeded, were on display in a recent decision of the Minnesota Tax Court. Uline, Inc. v. Commissioner of Revenue, Minn. Tax Court, No. 9435-R (June 23, 2023). Read More >>
WHAT’S SHAKING: BLANK ROME STATE + LOCAL TAX ROUNDUP
Blank Rome’s nationally prominent State + Local Tax attorneys are thought leaders in the community as frequent guest speakers at various local and national conferences throughout the year. We invite you to attend, listen, and learn as our experienced State + Local Tax attorneys interpret and discuss key legal issues companies are facing and how you can put together a plan of action to mitigate risk and advance your business in accordance with state and local tax laws. Read More >>