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State Taxes Tax Planning Tax Revenues

Holland & Knight LLP

Washington State Budget Triggers Higher Business, Capital Gains and Estate Taxes in 2025

Holland & Knight LLP on

Thanks to three primary revenue bills that were signed into law earlier this year, taxes are going up in the state of Washington, in particular for large service businesses, estates and individuals earning capital gains. ...more

McGuireWoods LLP

Virginia Resets Data Center Equipment Assessments, Tax Changes on Horizon

McGuireWoods LLP on

The commonwealth of Virginia plans to reset how data center equipment, fixtures and supporting supplies are taxed throughout the state. Given that Northern Virginia, also known as Data Center Alley, is home to the largest...more

Polsinelli

Taming Tabor in Tough Times: A Procedural Road Map for a Temporary Emergency Tax in Colorado

Polsinelli on

The Taxpayers Bill of Rights (TABOR) is enshrined in Colorado’s Constitution (Art. X, Sec. 20) as the Nation’s strictest tax and spending limitation.  TABOR is the proverbial “elephant in the room,” arousing strong passions...more

McDermott Will & Schulte

Gross Receipts Taxes Face Policy and Legal Challenges

As the economy shifts to a digital one, we are finding that states are turning toward unconventional revenue options. One trend we’re seeing is the surprising comeback of the gross receipts tax (GRT): • Oregon’s new...more

Foster Garvey PC

Oregon’s New Corporate Activity Tax

Foster Garvey PC on

We are taking a break from our multi-post coverage of Opportunity Zones to address a recent, significant piece of Oregon tax legislation. On May 16, 2019, Governor Kate Brown signed into law legislation imposing a new...more

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