For over 65 years, Public Law 86-272 has dictated a state’s ability to assert income tax on an out-of-state business. While the 1959 federal law predated the emergence of e-commerce and digital services and could not have...more
6/4/2025
/ Business Entities ,
E-Commerce ,
Government Agencies ,
Income Taxes ,
Judicial Authority ,
Multistate Tax Commission (MTC) ,
New Legislation ,
Proposed Legislation ,
Regulatory Authority ,
State Taxes ,
Statutory Interpretation
Joining Indiana and North Carolina, Louisiana last week became the third state to offer an alternative to the burdensome and expensive process of enduring a state transfer pricing audit....more
The final regulations enacted in late 2016 that impose new reporting requirements on foreign-owned disregarded entities have now taken effect, bringing changes that will add significant complexity for many taxpayers this tax...more