CCH Tax Day Report The Colorado Department of Revenue has amended a regulation pertaining to Colorado-source income for nonresidents to clarify that income, regardless of when the payments are received, earned for work or services performed in Colorado is Colorado-source income. The amendments also make clear that once nexus has been established, that nexus will […]

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CCH Tax Day Report Legislation has been enacted that establishes a credit against Tennessee franchise and excise tax equal to 6% of the purchase price of qualified broadband internet access equipment, capped at $5 million per calendar year, that is utilized in tier 3 and tier 4 enhancement counties and placed into service on or […]

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CCH Tax Day Report Sales of extended warranties made with smartphone sales or as required for a product upgrade program were not subject to Illinois sales tax because the warranties were sold separately from the smartphones. With smartphone purchases, the company’s customers could also buy a separate two-year extended warranty. Maintenance agreements sold with a […]

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CCH Tax Day Report The California Franchise Tax Board updated staff guidance concerning recent changes to business entity return due dates. Among other things, the original guidance (TAXDAY, 2017/03/31, S.2) noted that C corporation returns (Forms 100 and 100W) now must be filed by the 15th day of the fourth (previously, third) month following the […]

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CCH Tax Day Report A motion to vacate the Ohio Board of Tax Appeals’ (BTA) decision reinstating a county auditor’s property tax assessment of a taxpayer’s property was dismissed because the BTA lacked jurisdiction to vacate a decision after the statutory deadline for appealing decisions had passed. The taxpayer acquired the property after the Board […]

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CCH Tax Day Report A taxpayer’s sales of three different online file-sharing applications for corporate boards of directors are subject to New York sales and use tax because the applications are prewritten software. The first application gives its corporate customers access to prewritten software on its portal. The customers use this software to upload board […]

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