03 October 2025

State corporate income and franchise tax developments in the third quarter of 2025

This alert provides a summary of the significant legislative and administrative actions that affected US state and local income/franchise and other business taxes for the third quarter of 2025.

Highlights include:

  • A summary of federal and state legislative developments in California, Colorado, Connecticut, District of Columbia, Louisiana, Maine, Missouri, New Jersey and Wisconsin
  • A summary of administrative developments in Alabama, California, Illinois, Maryland, Missouri, Michigan, Rhode Island and Texas
  • A discussion of federal and state and local tax items to watch in California, Michigan, New Jersey and Texas
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Attachment

Third quarter 2025 state corporate income/franchise tax developments

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Contact Information

For additional information concerning this Alert, please contact:

State and Local Tax

Published by NTD’s Tax Technical Knowledge Services group; Chris DeZinno, legal editor

Document ID: 2025-2015