Tax Law

Recent Posts

Recent CA, TX and UT Tax Rulings on Income Tax, Unclaimed Property and Electricity Taxes
Posted on 13 Aug 2020 by Eversheds Sutherland LLP

In this episode we discuss three recent developments, including an electricity tax matter in California ( City of Arcata v. Pacific Gas & Electric Co. ) a Texas unclaimed property matter ( CKD Homes Direct, Ltd v. Comptroller ) and a Utah income tax... Read More

Webcast: Unclaimed property – through the looking glass
Posted on 25 Jan 2019 by Eversheds Sutherland LLP

Significant developments in unclaimed property laws have turned settled expectations upside down in a variety of areas. While states continue to press forward on audits, new legislation, new regulation and litigation across the country are shifting the... Read More

Ho! Ho! Ho! Delaware Sets its Sights-Again-on Uncashed Rebate Checks
Posted on 17 Dec 2015 by Eversheds Sutherland LLP

There’s never a dull moment in Delaware when it comes to unclaimed property. The latest salvo comes by way of a lawsuit filed by the Delaware Department of Finance against Blackhawk Engagement Solutions (DE), Inc. (formerly known as Parago, Inc... Read More

A.W. Fin. Servs., S.A. v. Empire Res., Inc., 981 A.2d 1114 (Del. 2009)
Posted on 2 Jul 2010 by LexisNexis Tax Center

Tracking unclaimed property dormancy periods can present administrative problems for holders. Aside from reporting delinquency hazards that may follow a holder's failure to heed dormancy period limits, liability issues can emerge if the holder prematurely... Read More

Pepper Hamilton, LLP: 'Whose Property Is It, Anyway?' - California's Strict Constructionist Escheat Statute
Posted on 10 Feb 2009 by Lance S. Jacobs

The California Court of Appeal’s 6th District recently overturned a superior court’s grant of summary judgment in a ruling that may have far-reaching implications on the availability of an immunity defense under unclaimed property law, both... Read More

Uniformity in Unclaimed Property: States Make New Efforts to Simplify Reporting
Posted on 3 Oct 2008 by Lynden Lyman

There is a significant amount of disparity between the states in terms of their unclaimed property reporting requirements. However, an increasing number of states are recognizing that the benefits of identifying best practices, establishing national standards... Read More