Tax Law

Recent Posts

States Target Inter-Company Cash Management Structure
Posted on 7 Jan 2013 by Sean Craig

A common aspect of consolidated groups of companies is a centralized cash management function. While such a structure is a common item in corporate America, states are increasingly challenging any perceived tax benefits of such structures. Two states... Read More

Florida DOR on Hedging: Mixed Bag or Safe Bet to Plan Future Transactions?
Posted on 26 Jul 2012 by Sean Craig

A Florida taxpayer was engaged in three types of hedging activity: (1) hedges on materials related to its inputs; (2) hedges related to the commodity it sells; and (3) hedges unrelated to items it purchases or sells. In deciding whether the hedging revenue... Read More

  • Blog Post: States Target Inter-Company Cash Management Structure

    A common aspect of consolidated groups of companies is a centralized cash management function. While such a structure is a common item in corporate America, states are increasingly challenging any perceived tax benefits of such structures. Two states, Indiana and North Carolina, have taken recent actions...