Tax News Update    Email this document    Print this document  

January 4, 2023

State corporate income and franchise tax developments in the fourth quarter of 2022

The attached Tax Alert provides a summary of the significant legislative, administrative and judicial actions that affected US state and local income/franchise and other business taxes for the fourth quarter of 2022. These developments are compiled from the EY Indirect/State Tax Weekly and Indirect/State Tax Alerts issued during that period.

Highlights include:

  • A summary of legislative developments in Pennsylvania and the City of Philadelphia, PA
  • A summary of a ballot measure in Colorado
  • A summary of judicial developments in Colorado and Texas
  • A summary of administrative developments in Arkansas, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Rhode Island, Utah and the City of Portland, OR
  • A discussion of federal and state and local tax items to watch in Colorado and Illinois


Contact Information
For additional information concerning this Alert, please contact:
State and Local Taxation
   • Karen Currie (
   • Jess Morgan (
   • Keith Anderson (
   • Karen Ryan (
   • John Heithaus (
   • Dan Lipton (
   • Breen Schiller (

Published by NTD’s Tax Technical Knowledge Services group; Jennifer A Brittenham, legal editor



Fourth quarter 2022 state corporate income/franchise tax developments