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23 December 2019

State corporate income and franchise tax developments in the 4th quarter of 2019

The attached Alert provides a summary of the significant legislative, administrative, and judicial actions that affected state and local income/franchise and other business taxes for the period October 1, 2019 through December 20, 2019. These developments are compiled from the EY Indirect/State Tax Weekly and Indirect/State Tax Alerts.

Highlights include:

  • A summary of legislative developments in California, North Carolina, and Utah 
  • A summary of judicial developments in Maryland, Massachusetts, Pennsylvania, and Wisconsin
  • A summary of administrative developments in California, Florida, Indiana, Iowa, Louisiana, Massachusetts, Montana, Nebraska, New Jersey, New Mexico, New York, New York City, Texas, and Virginia
  • A discussion of state and local tax items to watch in New Hampshire, Oregon, and Virginia

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Contact Information
For additional information concerning this Alert, please contact:
 
State and Local Income Tax Group
   • Mark McCormick (Mark.McCormick@ey.com)
   • Steve Wlodychak (steven.wlodychak@ey.com)
   • Joe Huddleston (Joe.Huddleston@ey.com)
   • Karen Ryan (karen.ryan@ey.com)
   • Deane Eastwood (deane.eastwood@ey.com)
   • Karen Currie (Karen.Currie@ey.com)
   • Tim Kimmel (timothy.kimmel@ey.com)
   • Jess Morgan (Jessica.Morgan@ey.com)

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ATTACHMENT

4th quarter 2019 state corporate income/franchise tax developments

Document ID: 2019-2285

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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