State Tax

This is FindLaw's collection of State Tax articles, part of the Finance section of the Corporate Counsel Center. Tax law for state and local government is contained in state codes sections, regulations, administrative codes, procedures and statements issued by the respective government authorities, as well as state court decisions. Business are also required to pay taxes. Business expenses are the associated costs of carrying on a business. Such expenses are typically deductible if a business is operated to make a profit. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.

State Tax Articles
    • New Jersey Program Allows Technology Businesses to Sell Tax Losses and Credits

      Tax UPDATE New Jersey.s Technology Business Tax Certificate Transfer Program allows new or expanding technology and biotechnology businesses to "sell" their unused net operating loss (NOL) carryovers and unused research and development tax credits ...

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    • Alternative Fueled Vehicles and Alternative Vehicle Fuels

      Driving a car fueled by something other than gasoline or diesel fuel is no longer the stuff of science fiction. In addition to conventional gasoline and diesel fuel, reformulated cleaner gasoline and alternative fuels now are sold in many ...

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    • Managing Stock Options in a Volatile Market
      Until recently, few people outside the investment community understood the value of stock options. But the explosion of entrepreneurial companies in the 1990s, spurred by a raging bull market, changed all that. Today, nearly all employees of growing ...

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    • IRS Physician Recruitment Ruling
      On April 22, the IRS released its long-promised revenue ruling dealing with physician recruitment by tax-exempt hospitals. While Revenue Ruling 97-21 contains few surprises, it does include more detailed information than was previously available ...

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    • How to Effectively Compensate Your Management Team
      Recruiting and retaining premier executives to manage developing entrepreneurial and technology companies is a problem that often can be overcome with creative compensation packages. While highly attractive executives often have an entrepreneurial ...

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    • Hawaii's Tax Climate
      Hawaii has a balanced, broad-based tax system. With business tax changes recently enacted, Hawaii tax laws can make business more profitable. Some favorable aspects: ** No personal property tax. One of the few states no longer using tax on ...

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    • Guidance Provided on Industrial Production Exemption from Sales Tax
      The Minnesota Tax Court recently found that certain detachable tools used in manufacturing were exempt from sales tax under the Industrial Production Exemption. American Structural Metals, Inc. v. Commissioner of Revenue, Minnesota Tax Court Docket ...

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    • Exempt Organizations: Will Wright Patman Ride Again?
      We are advising our friends in the world of private foundations that now is the time to put your house in order. Certain signs precede certain events, and a meaningful Congressional review of certain current practices of private foundations and ...

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    • Dischargeability of Income Tax Bankruptcy
      Although having knowledge that taxes are dischargeable in bankruptcy, many attorneys still perceive that the tax collector elbows everyone aside and gets paid. Personal income taxes are dischargeable. Practitioners should know the basic requirements ...

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    • Clarifying Tax Status for Volunteer Auxiliaries
      hospital to its ranks -- this time a former not-for-profit hospital. Much time and effort went into the purchase. The parties may even have had to obtain approval from the state attorney general's office. Nevertheless, all approvals were granted ...

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