Suzanne Solomon
A Dog's Life: The Helmsley Bequest (The Rest of the Story)

Hold the gold plated Milk-bones : The trustees of The Leona M. and Harry B. Helmsley Charitable Trust have prevailed in their bid to block Leona Helmsley’s billion dollar bequest to dogs . At issue was Mrs. Helmsley’s 2004 mission statement...

Timothy P. Noonan
The Amazon Tax: To New York and Beyond?

There has been a considerable buzz in state-and-local tax circles recently about New York’s so-called “Amazon Tax.” What started as a policy contained in an informal Tax Department publication has been transformed into a new statutory...

LexisNexis Legal Business Community Staff
LexisNexis® Tax Law Center Podcast featuring Phil Olsen of McCarter & English on the Adoption of Unitary Taxation of Corporations Doing Business in Massachusetts

On this edition, Phil Olsen discusses the recent adoption of unitary taxation of corporations doing business in Massachusetts, the rules that apply under the new regime, and how they may affect business activity in the state. Copyright© 2009 LexisNexis...

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Sheldon Laskin
Capital One Nexus Ruling Limits Quill Standard

The Supreme Judicial Court of Massachusetts ("SJC") has ruled that physical presence is not required in order for Massachusetts to impose its financial institutions excise tax ("FIET") on two affiliated out-of-state banks as a result...

Peter Miller
Unitary/Combined Reporting Results Mixed for States and for Business

HEAR PHIL OLSEN OF McCARTER & ENGLISH, LLP DISCUSSING THE MASSACHUSETTS UNITARY TAX REGIME IN A PODCAST INTERVIEW ON THIS WEB SITE! As the states strive to generate additional revenue during distressed economic times, movement to unitary combined...

Jeffrey A. Mills and Jennifer Shugars
Tax Increment Financing – From Brownfields to Suburbia: An Option to Save Development Dollars and Keep Projects Moving in Difficult Economic Times

Tax Increment Financing (TIF) is a statutory mechanism that can be used as an additional and alternative means to finance the extraordinary costs of preparing a "blighted" or otherwise undesirable area for development and revitalization. Although...