CCH Tax Day Report House Ways and Means Committee Republicans have concluded a two-day tax policy retreat that focused, in particular, on American business competitiveness and middle-class tax cuts. The goal of the retreat was to move toward a single tax reform plan to deliver sustained economic growth that the House, Senate and Trump administration […]

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CCH Tax Day Report The Wisconsin Department of Revenue has issued a tax bulletin that discusses a variety of personal income and corporation franchise and income tax topics, including the electronic filing requirement for composite returns and apportionment for partnerships and partners. The bulletin also discusses previously reported legislation that changed the state’s partnership and […]

The post Wisconsin ~ Corporate, Personal Income Taxes: Composite Return E-Filing, Partnership Apportionment, Other Topics Discussed appeared first on Tax & Accounting Blog.

CCH Tax Day Report A taxpayer that sold non-prescription dietary supplements through an internet website was not eligible for a refund of Washington retail sales tax and retailing business and occupation (B&O) tax because it had substantial nexus with Washington. The taxpayer had several employees within Washington and therefore had a physical presence in the […]

The post Washington ~ Sales and Use, Business and Occupation Taxes: Taxpayer With In-State Employees Had Substantial Nexus appeared first on Tax & Accounting Blog.

CCH Tax Day Report Indiana has enacted legislation requiring retail merchants without a physical presence to collect sales tax on retail transactions made in Indiana and making changes to the local income tax. Specifically, a retail merchant that does not have a physical presence in Indiana shall, as an agent for the state, collect sales […]

The post Indiana ~ Multiple Taxes: Certain Remote Merchants Required to Collect Sales Tax, Use of Local Income Tax Expanded appeared first on Tax & Accounting Blog.

CCH Tax Day Report Indiana has enacted legislation creating sales and use tax exemptions, extending certain sporting event exemptions, amending the calculation of the personal and corporate income taxes, and altering the due date of the financial institutions tax return. Also, the legislation requires the Legislative Services Agency to conduct a study concerning the correlation […]

The post Indiana ~ Multiple Taxes: Sales and Use and Income Exemptions Enacted/Expanded, Calculation of Income Amended appeared first on Tax & Accounting Blog.

CCH Tax Day Report As part of a measure to raise $52.4 billion in new transportation revenues over 10 years, California excise taxes on gasoline (exclusive of aviation gasoline) and diesel fuel are increased in the short term and two new vehicle fees are established. In addition to the increases in the gasoline and diesel […]

The post California ~ Motor Fuel Tax: Transportation Budget Bill Increases Tax Rates, Imposes New Vehicle Fees appeared first on Tax & Accounting Blog.