Tax Law

Recent Posts

Much Ado About Nothing! Colorado Supreme Court Holds that Holding Companies with No Property or Employees are Not Includable in a Combined Group
Posted on 11 Jun 2019 by Eversheds Sutherland LLP

The Colorado Supreme Court issued two decisions simultaneously holding that neither Oracle Corporation nor Agilent Technologies, Inc. were required to include in their combined income tax returns holding companies that did not meet the statutory definition... Read More

Top New Jersey Tax Changes in the 2018 Budget Deal
Posted on 6 Jul 2018 by Eversheds Sutherland LLP

In a last-minute deal to avert a government shutdown, New Jersey Governor Phil Murphy and the New Jersey Legislature cobbled together a budget with numerous amendments to New Jersey’s tax law. View the full legal alert. Read More

Bay State Firm's Nexus Gambit Ruled a Sham
Posted on 18 Jun 2013 by Sean Craig

The transfer of Massachusetts employees from an in-state company to its out-of-state parent was disregarded for tax purposes by the Massachusetts Appellate Tax Board ("the Board"). The transfer, which established Massachusetts nexus for the... Read More

Massachusetts Delays FAS 109 Relief to Corporate Taxpayers - Again
Posted on 7 Aug 2012 by Sean Craig

In 2008, Massachusetts enacted combined reporting for corporate income taxes. As tax practitioners are well aware, there are serious financial consequences to such changes, which go beyond the mere composition of the entities in the combined report. One... Read More

Food Lion Loses Forced Combination Fight, Gains Penalties in NC Court of Appeals
Posted on 24 Aug 2012 by Asbury Law Firm

Delhaize v. Lay has been a closely followed case on the North Carolina "forced combination" question. Interest waned a bit when the North Carolina Court of Appeals decided against Wal-Mart on the same issue in Wal-Mart Stores East v. Hinton... Read More

Food Lion Loses Forced Combination Fight, Gains Penalties in NC Court of Appeals
Posted on 24 Aug 2012 by Asbury Law Firm

Delhaize v. Lay has been a closely followed case on the North Carolina "forced combination" question. Interest waned a bit when the North Carolina Court of Appeals decided against Wal-Mart on the same issue in Wal-Mart Stores East v. Hinton... Read More

Massachusetts Delays FAS 109 Relief to Corporate Taxpayers - Again
Posted on 7 Aug 2012 by Sean Craig

In 2008, Massachusetts enacted combined reporting for corporate income taxes. As tax practitioners are well aware, there are serious financial consequences to such changes, which go beyond the mere composition of the entities in the combined report. One... Read More

Sutherland Legal Alert: Shades of Gray: District of Columbia Combined Reporting Unveiled
Posted on 20 Apr 2011 by Eversheds Sutherland LLP

By Stephen P. Kranz , Diann L. Smith , and Charles C. Kearns On April 1 (fittingly), the District of Columbia's new Mayor, Vincent G. Gray, unveiled his proposed budget, B19-0203 "Fiscal Year 2012 Budget Support Act of 2011" (Budget Bill... Read More