This is the eleventh edition of the Eversheds Sutherland SALT Scoreboard, and the third edition of 2018. Each quarter, we tally the results of what we deem to be significant taxpayer wins and losses and analyze those results. This edition of the SALT... Read More

In interpreting an ambiguous statute allowing for a tax credit against the state’s financial institution excise tax (FIET), the Alabama Court of Appeals held in favor of the Department of Revenue’s interpretation. Alabama imposes a 6½% FIET on the net... Read More

The Minnesota Tax Court held that  a tobacco distributor was entitled to a refund of Minnesota tobacco tax that it paid on federal excise tax (FET) that was passed through by the tobacco manufacturer, but only if the FET was separately stated on the manufacturer... Read More

Budget & Taxes PA Budget Stalemate Continues Pennsylvania’s Republican-led House and Senate passed an $11-billion stopgap budget last month, seeking to end the state’s nearly three-month-long budget impasse. But as he did on June... Read More

By Damon M. Lyon, David G. Noren , Lowell D. Yoder , Rachel E. Aaronson , Robert A. Clary II A temporary excise tax recently enacted in Puerto Rico will have a significant impact on U.S.-based multinational groups conducting, or considering conducting... Read More

Will the advent of health care reform excise taxes change the excise tax landscape? Strong attention directed at the merits of health care reform could radically change the political implications of excise taxation as taxpayer burdens grow. Throughout... Read More

On this edition, James McElligott discusses employer obligations to report failures related to the group health plans they sponsor and related compliance awareness issues with excise tax implications. Mr. McElligott describes how plan failure reporting... Read More