Income Taxes, State Taxes, Legislative Agendas

California Governor Releases 2025 Budget Proposal to Move Banks and Financial Corporations to Single-Sales-Factor Apportionment

Pillsbury Winthrop Shaw Pittman LLP on 5/29/2025

The proposal includes a shift to a single-sales-factor apportionment formula for financial institutions, aiming to increase tax revenue starting in tax year 2025. Update: On May 14, 2025, Governor Newsom released the May...more

Georgia’s 2025 legislative session: Tax legislation overview

Eversheds Sutherland (US) LLP on 4/15/2025

During the 2025 legislative session, the Georgia General Assembly passed several notable tax related bills including further decreasing the income tax rate and extending the time period for taxpayers to protest and appeal the...more

Gold Dome Report - Legislative Day 38 - April 2025

Nelson Mullins Riley & Scarborough LLP on 4/1/2025

They say March comes in like a lion and out like a lamb, but “they” have never been in the Georgia State Capitol in the run-up to adjournment Sine Die. Monday morning’s meeting of the standing Senate Rules Committee was a...more

Gold Dome Report - Legislative Day 28 - March 2025

Nelson Mullins Riley & Scarborough LLP on 3/7/2025

Crossover Day coincided with Cattlemen’s Day at the Georgia State Capitol on Thursday, and the event known for its coveted steak biscuits brought a different type of celebrity this year. The Georgia Mobile Dairy Classroom,...more

2025 DOR Request for Legislative Changes

Smith Anderson on 2/25/2025

The Department of Revenue (the “Department”) recently released two documents containing its “substantive” and “clarifying” requests for legislative changes to North Carolina’s revenue laws. Most of the requests include...more

Gold Dome Report - Legislative Day 14 - February 2025

Nelson Mullins Riley & Scarborough LLP on 2/11/2025

The Georgia State Capitol buzzed on Monday as power players from across the state assembled for Georgia Electric Membership Corporation (EMC) Day. Linemen, lawmakers, and electric executives all convened to celebrate the 85th...more

Guest notebook: Bradley partners offer predictions for spring Alabama tax legislation

Bradley Arant Boult Cummings LLP on 2/3/2025

Each year we are asked to predict the business tax-related bills that died in the last legislative session but will likely be re-introduced in one form or another, as well as the tax issues that we expect to see addressed for...more

Some Unofficial Predictions for Spring 2025 Alabama Tax Legislation

Bradley Arant Boult Cummings LLP on 1/22/2025

Each year we are asked to predict the business tax-related bills that died in the last legislative session but will likely be re-introduced in one form or another, as well as the tax issues that we expect to see addressed for...more

Pay Raises and Infrastructure Improvements: A Closer Look at the NC House Budget

Ward and Smith, P.A. on 4/5/2023

North Carolina's House lawmakers recently unveiled their proposed two-year spending plan for the state, well ahead of the traditional schedule. The proposed nearly $30 billion budget would set a new record high for state...more

Review of 2022 Arizona Tax Highlights

Womble Bond Dickinson on 2/22/2023

ARIZONA TO IMPLEMENT 2.5% FLAT TAX AHEAD OF SCHEDULE - Governor Doug Ducey announced that Arizona will implement its new 2.5% flat income tax rate on January 1, 2023, a full year ahead of schedule. According to Gov. Ducey,...more

Important Tax Legislation to Watch in the 2022 Alabama Regular Session

Bradley Arant Boult Cummings LLP on 12/17/2021

Because 2022 is an election year, the start date for the Alabama Legislature’s regular session comes early: Tuesday, January 11. As we do annually, here are some unofficial prognostications on the major items of tax...more

Wealth Management Update - August 2021

Proskauer Rose LLP on 8/30/2021

Federal interest rates were largely stable in August of 2021.The August applicable federal rate ("AFR") for use with a sale to a defective grantor trust, self-canceling installment note ("SCIN") or intra-family loan with a...more

[Podcast] 32nd Annual Legislative Seminar Series: Congresswoman Stephanie Murphy, D-Fla.

BakerHostetler on 7/9/2021

Former Congressman Mike Ferguson, leader of BakerHostetler’s Federal Policy team, and former Congressman Heath Shuler, a Senior Advisor on the Federal Policy team host bipartisan leaders from the House and Senate to discuss...more

Governor Baker Releases FY2022 Budget Bill

Mintz - ML Strategies on 2/1/2021

During his annual State of the Commonwealth address, Governor Charlie Baker highlighted the heroic work of frontline workers and first responders throughout the COVID-19 pandemic, while reminding the Commonwealth that though...more

Falling Dominoes: Economic Presence Nexus Update (Sales & Income)

BakerHostetler on 1/15/2021

And then there were three . . . Florida, Kansas, and Missouri don't have economic presence or marketplace facilitator sales tax laws on the books. Will that change this session? Will sales tax nexus laws bleed over on the...more

Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - Health Policy

McDermott Will & Schulte on 11/9/2020

In this session, health law policy authorities discussed changes likely in 2021 in a Biden Administration and how these changes will impact business objectives and strategies for health industry stakeholders...more

[Webinar] Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - November 5th, 12:00 pm - 2:15 pm EST

McDermott Will & Schulte on 10/22/2020

Are you prepared for the critical impacts of the US election outcome to you and your business in 2021 and beyond? Join McDermott’s lawyers and our policy and lobbying team for perspective on the effects of administration...more

Will the HEALS Act Take Mobile Workforce Tax Relief Across the Finish Line?

BakerHostetler on 9/14/2020

For the last decade, the Mobile Workforce State Income Tax Simplification Act has languished in Congress. Will it get passed by piggybacking on the HEALS Act? Matt Hunsaker explains the history of the Act, the latest...more

2020 North Carolina Tax Legislation

Smith Anderson on 6/30/2020

The North Carolina General Assembly concluded the regular business of its 2020 session on Friday, June 26, 2020. While the session will not formally adjourn until September 3, 2020, the only business expected to be considered...more

Changes to Taxation of Software to Apply Prospectively and Challenges to Eliminating Alabama's Controversial Grocery Tax - SALT...

Bradley Arant Boult Cummings LLP on 1/24/2020

As previously reported, in Ex parte Russell County Community Hospital, the Alabama Supreme Court announced that all software, including customized software created for a particular user, is "tangible personal property" and...more

Business Council of Alabama and Birmingham Business Alliance Announce Their 2020 Tax/Economic Development Legislative Agendas -...

Bradley Arant Boult Cummings LLP on 12/10/2019

The influential Business Council of Alabama (BCA), founded in 1985, and the Birmingham Business Alliance (BBA), the state’s oldest and largest chamber of commerce, have each officially approved their 2020 legislative agendas....more

Income Taxes › State Taxes › Legislative Agendas