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Tax Returns Multistate Tax Commission (MTC)

Husch Blackwell LLP

New Jersey Proposes Rules Incorporating Parts of MTC's Public Law 86-272 Guidelines

Husch Blackwell LLP on

Public Law 86-272 (P.L. 86-272) was first adopted by the U.S. Congress in 1959 to address the business concerns of tax implications from traveling salesmen working in multiple states. To address these concerns, Congress used...more

BakerHostetler

[Podcast] Don't Pick Me! The Multistate Tax Commission Audit Nomination Process

BakerHostetler on

The Multistate Tax Commission recently issued a policy position on not disclosing which states nominated a taxpayer for a joint audit or why they were nominated. Matt Hunsaker discusses....more

BakerHostetler

What Happened at the Multistate Tax Commission Annual Committee Meetings?

BakerHostetler on

Throughout November, various Multistate Tax Commission committees held virtual annual meetings (due to COVID). In this episode, Matt Hunsaker runs down the highlights from each meeting, including technical corrections to...more

Eversheds Sutherland (US) LLP

Multistate Tax Commission to explore updating P.L. 86-272 guidance

At its meeting on November 7, 2018, in Orlando, Florida, the Multistate Tax Commission’s (MTC) Uniformity Committee considered several important topics, including a future effort to revise Public Law 86-272 guidance, the...more

Morrison & Foerster LLP

Multistate Taxation: Developments in Multistate Taxation: September 2013

Illinois - The Illinois Supreme Court held that a life insurance company was subject to a double interest penalty for additional income taxes that were assessed following federal adjustments made after an amnesty...more

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