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KPMG's This Week in State Tax (TWIST)

Updated 1 day ago

Rank #76 in Business News category

Business
Management
News
Business News
Read more

Introducing KPMG's TWIST This Week in State Tax, a new tool from KPMG's State and Local Tax practice to help keep you up to date on the latest in state and local tax. TWIST features a series of short podcasts hosted by our Washington National Tax professionals who will cover state and local tax developments dating from the previous week.

Read more

Introducing KPMG's TWIST This Week in State Tax, a new tool from KPMG's State and Local Tax practice to help keep you up to date on the latest in state and local tax. TWIST features a series of short podcasts hosted by our Washington National Tax professionals who will cover state and local tax developments dating from the previous week.

iTunes Ratings

11 Ratings
Average Ratings
8
1
2
0
0

Only SALT Podcast

By Kerry(-) - Jan 11 2018
Read more
To my knowledge this is the only multistate tax podcast. They basically read KPMG written updates on air. I find it helpful.

Tax VP

By JAYMO25 - Jun 23 2009
Read more
The short format updates on state developments are great. You can knock off a few updates in minutes. Occassionally the name of the case or ruling is not mentioned which is frustrating because it's hard to get follow-up information on the development. The name of case or rulings should be stated up front. Neverthless, I like getting my updates while driving instead of using office time.

iTunes Ratings

11 Ratings
Average Ratings
8
1
2
0
0

Only SALT Podcast

By Kerry(-) - Jan 11 2018
Read more
To my knowledge this is the only multistate tax podcast. They basically read KPMG written updates on air. I find it helpful.

Tax VP

By JAYMO25 - Jun 23 2009
Read more
The short format updates on state developments are great. You can knock off a few updates in minutes. Occassionally the name of the case or ruling is not mentioned which is frustrating because it's hard to get follow-up information on the development. The name of case or rulings should be stated up front. Neverthless, I like getting my updates while driving instead of using office time.
Cover image of KPMG's This Week in State Tax (TWIST)

KPMG's This Week in State Tax (TWIST)

Latest release on Jan 13, 2020

Read more

Introducing KPMG's TWIST This Week in State Tax, a new tool from KPMG's State and Local Tax practice to help keep you up to date on the latest in state and local tax. TWIST features a series of short podcasts hosted by our Washington National Tax professionals who will cover state and local tax developments dating from the previous week.

Rank #1: Iowa: Department addresses post-Wayfair sales tax nexus standard

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The Iowa Dept. of Revenue recently issued a declaratory order addressing whether a taxpayer was required to collect and remit Iowa sales tax.

Jan 28 2019

2mins

Play

Rank #2: AZ: Rental Car Surcharge Permissible Under Federal and State Constitutions

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The Arizona Supreme Court recently addressed the constitutionality of a rental car surcharge imposed by Maricopa County.

Mar 04 2019

3mins

Play

Rank #3: MA: E-Fax Services Are Taxable Telecommunication Services

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The Massachusetts Appellate Tax Board recently addressed whether a taxpayer's eFax service was subject to sales and use tax as a telecommunication service.

Mar 11 2019

2mins

Play

Rank #4: Kentucky: FAQ Addresses Corporate Tax Economic Nexus

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KY addressed whether the sales and use tax economic nexus thresholds apply to the corporate income tax or limited liability entity tax.

Apr 01 2019

1min

Play

Rank #5: AL: Department issues report on preliminary guidance on tax cuts and jobs act

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The Alabama Department of Revenue recently issued a 50-page report addressing how various aspects of federal tax reform interact with Alabama's individual, corporate, and financial institution tax laws.

Aug 06 2018

2mins

Play

Rank #6: NY: Broker-Dealer Sourcing Rules do not Extend to Non-Broker SMLLC

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Recently, a New York Administrative Law Judge addressed broker-dealer sourcing rules and if they extended to non broker-dealer SMLLCs.

Mar 18 2019

2mins

Play

Rank #7: Arkansas: State Liquidation of Unclaimed Securities May Reverse Consumer Protections

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State unclaimed property laws require that if a securities account has gone inactive after a prescribed period of time, then the securities must be reported and delivered to the state.

Mar 25 2019

1min

Play

Rank #8: MI: Resale Exemption did Not Apply to Credit Card Processor's Equipment Purchases

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A Michigan appeals court recently addressed whether a taxpayer was entitled to a refund of use taxes paid on credit card processing terminals.

Mar 11 2019

2mins

Play

Rank #9: FL: Sales Of Services Sourced Based on the Customer's Location

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In a recent Technical Assistance Advisement, the FL Dept of Revenue addressed how a service provider should source its receipts to FL.

Feb 25 2019

2mins

Play

Rank #10: Louisiana: Regulation Outlining Local Sales Tax VDA Program Adopted

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In 2017, legislation establishing the Louisiana Uniform Local Sales Tax was signed into law.

Mar 25 2019

2mins

Play

Rank #11: Tennessee: Appeals Court Rules in Taxpayer’s Favor in Business Tax Classification Dispute

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TN Court of Appeals addressed whether the Department of Revenue properly reclassified taxpayer’s business activities for purposes of TN Business Tax.

Apr 01 2019

2mins

Play

Rank #12: CA: FTB Will Apply IRC section 367 Regulations to Insurance Companies

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The California Franchise Tax Board recently issued a notice clarifying that the IRC section 367 regulations will be applied in cases involving the transfer of appreciated property to an insurer.

Mar 04 2019

2mins

Play

Rank #13: Utah: Legislation Pending Signature Would Amend Corporate Nexus Standard

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Pending legislation would amend Utah’s corporate nexus standard.

Mar 18 2019

1min

Play

Rank #14: Oregon: Wholesalers Accepting Returns on Behalf of Taxpayer Caused Loss of Public Law 86-272 Protection

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The Oregon Tax Court recently addressed whether a taxpayer was protected from Oregon taxation under Public Law 86-272.

Apr 08 2019

3mins

Play

Rank #15: Multistate: State Income Tax Nexus Bills

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There are bills pending in a handful of states that, if enacted, would revise the state’s corporate income tax nexus standard.

Mar 25 2019

1min

Play

Rank #16: NY: Advisory Opinion Concludes that a Marketplace Provider Qualified as a Vendor

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In a recent advisory opinion, the NY Department of Taxation concluded that a marketplace provider qualified as a vendor required to collect sales tax.

Mar 18 2019

2mins

Play

Rank #17: WA: Taxpayer's Receipts Subject to Throwout

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A recent tax determination considered whether an Internet-based company that matched music teachers and students within and without Washington was required to throw out certain receipts in apportioning its income for B&O purposes.

Mar 11 2019

2mins

Play

Rank #18: Arizona: Conformity Legislation Enacted; Guidance Issued on 965 Income

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House Bill 2757, signed into law by Governor Ducey on May 31, 2019, updates Arizona's conformity to the Internal Revenue Code retroactively.

Jun 10 2019

1min

Play

Rank #19: Connecticut: Budget Legislation Pending Signature

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CT House Bill 7424, which is currently pending signature, makes certain changes to the state's tax laws.

Jun 10 2019

1min

Play

Rank #20: Illinois: Recently Enacted Bills Include Numerous Tax Changes

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Certain bills were recently signed into law in Illinois that collectively make several significant income tax changes.

Jun 10 2019

2mins

Play

TWIST - January 20, 2020

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Summary of state tax developments in California, New Jersey, Virginia, Washington State, and a Multistate legislative update.

Jan 13 2020

3mins

Play

TWIST - January 13, 2020

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Summary of state tax developments in Colorado, Michigan, Missouri, and a Multistate update on Wayfair.

Jan 13 2020

4mins

Play

California: S Corporation Shareholders Must Apportion Gain from S Corporation's Sale of Goodwill

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The California Office of Tax Appeals or OTA has concluded that shareholders in an S Corporation must apportion their pro-rata share of the gain on the S corporation's sale of a goodwill using the S corporation's factors.

Jan 06 2020

2mins

Play

Multistate: Update on Wayfair-Related Developments

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The Michigan Department of Treasury recently issued a Notice and FAQs addressing the sales and use tax obligations of marketplace facilitators.

Jan 06 2020

1min

Play

New Jersey: REITs, RICs, and Investment Companies Not Included in Unitary Group

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New Jersey requires combined reporting for privilege periods ending on and after July 31, 2019.

Jan 06 2020

1min

Play

Texas: Purchases of Coin-operated Gaming Machines Not Exempt as Sale for Resale

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A Texas appeals court addressed non-exemption on purchases of coin-operated gaming equipment .

Dec 16 2019

2mins

Play

Nebraska: Department of Revenue Issues Guidance on GILTI and FDII

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The Nebraska Department of Revenue issued guidance addressing the state tax treatment of GILTI and FDII.

Dec 16 2019

1min

Play

Pennsylvania: Department Addresses Sales Tax Absorption and Direct Payment Permits

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The Pennsylvania Department of Revenue addressed the vendor sales tax absorption statute and the use of direct payment permits.

Dec 16 2019

1min

Play

Washington State: Pallets Not Leased for Resale to Customers

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A Washington State appeals court addressed whether manufacturers owed sales tax on leases of wooden pallets.

Dec 16 2019

2mins

Play

South Carolina: Department of Revenue Addresses Delivery Charges

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Under recently issued Notice 2019-07, taxpayers will receive an extension to the 15th day of the 11th month following the close of the taxable year.

Dec 09 2019

1min

Play

Iowa: Tax Reform Guidance Issued

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Read more
For tax years beginning on or after 1/1/2019, IA conforms to the federal Internal Revenue Code in effect on 3/24/2018, adopting many of the TCJA changes.

Dec 09 2019

3mins

Play

Washington: Advanced Computing Business Surcharge Information Released

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WA Department of Revenue issued a special notice discussing the surcharge that applies to select businesses engaged in advanced computing activities.

Dec 09 2019

2mins

Play

California: FTB Announces Automatic 7-month Filing Extension

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Under recently issued Notice 2019-07, taxpayers will receive an extension to the 15th day of the 11th month following the close of the taxable year.

Dec 09 2019

1min

Play

Massachusetts: Life Sciences Center Tax Incentive Program

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Life Sciences companies creating net new jobs in Massachusetts in 2020 may be eligible for tax incentive through the Massachusetts Life Science Center ("MLSC") Tax Incentive Program.

Nov 25 2019

1min

Play

Illinois: Tax Tribunal to Hear Throwout Challenge

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The Illinois Independent Tax Tribunal has agreed to review two notices of deficiency issued to a global payment business as a result of the Department applying the throwout rule excluding certain of the taxpayer's receipts from the sales factor denominator.

Nov 25 2019

1min

Play

Ohio: Individual was a Responsible Party Based on Representations during Audit

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A recent decision from the Ohio Board of Tax Appeals addressing whether an individual was a responsible party that could be held liable for unpaid sales tax liabilities illustrates that taxpayers need to take note of what they say during the course of an audit.

Nov 25 2019

2mins

Play

California: VAT Imposed on Services Included in Sales Factor

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The California Office of Tax Appeals recently held that, for the tax year at issue, VAT imposed on the provision of services was included in the sales factor.

Nov 25 2019

2mins

Play

Tennessee: Department Addresses Taxability of Motor Vehicle Lease Subscriptions

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Read more
In a recent letter ruling, the TN Department of Revenue addressed the taxability of a motor vehicle subscription service.

Nov 18 2019

2mins

Play

Indiana: Department Addresses Taxability of Remotely Accessed Software

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Read more
IN Department of Revenue partially denied a taxpayer's claim for refund of sales tax paid on various purchases of computer software maintained on servers outside the state.

Nov 18 2019

1min

Play

Indiana: California: Nonresident Individual Did Not Have California Source Income

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Read more
CA Office of Tax Appeals (OTA) recently dismissed an assessment of tax on income earned by an individual that was a Texas resident.

Nov 18 2019

2mins

Play

iTunes Ratings

11 Ratings
Average Ratings
8
1
2
0
0

Only SALT Podcast

By Kerry(-) - Jan 11 2018
Read more
To my knowledge this is the only multistate tax podcast. They basically read KPMG written updates on air. I find it helpful.

Tax VP

By JAYMO25 - Jun 23 2009
Read more
The short format updates on state developments are great. You can knock off a few updates in minutes. Occassionally the name of the case or ruling is not mentioned which is frustrating because it's hard to get follow-up information on the development. The name of case or rulings should be stated up front. Neverthless, I like getting my updates while driving instead of using office time.