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New Legislation Filing Requirements Tax Liability

Pierce Atwood LLP

New Rhode Island Tax on Non-Owner-Occupied Properties Assessed at $1 Million or More

Pierce Atwood LLP on

Rhode Island’s 2026 budget bill contains a "Non-Owner-Occupied Property Tax Act," which is popularly referred to as the “Taylor Swift Tax.” This law imposes a new statewide tax on non-owner-occupied residential properties...more

Jones Day

Actions in 2020 May Imperil Illinois Nonresident Taxpayer Positions in 2021

Jones Day on

The Situation: Currently, married taxpayers can file joint federal income tax returns but file separate Illinois income tax returns if one spouse is not a resident of Illinois. The Development: New legislation would...more

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