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.
Tax
State Tax Articles
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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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Civil Controversies: Tax Court Stipulations
For fair and reasonably efficient resolution of federal tax disputes, the United States Tax Court is a remarkable institution. Two of the principal reasons it's still economically possible for a taxpayer to pursue a lawsuit in the Tax Court are: 1 ...
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Christmas in May: Tax Court Judge Lynn W. Davis’ Extraordinary Decision
Usually with indignant disbelief, my taxpayer clients often lecture me that constitutional safeguards routinely extended to others, like accused felons and “garden variety” plaintiffs, find no counterparts in the tax world. I generally feign ...
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Bylaws Review is more than just reviewing the bylaws
Coordination with the documents of incorporation, state statutes, federal exemptions and organizational visions is mandatory for a complete bylaws review. Any review or rewrite of the bylaws should begin with an examination of the authority to do ...
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British & United States Virgin Islands Companies: Caribbean Tax Planning Opportunities For The Pacific Rim
In recent years, British Virgin Islands ("BVI") International Business Corporations ("IBCs") have become an increasingly popular corporate and tax planning tool, especially for Hong Kong and other Pacific Rim companies with international operations ...
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Tax Incentives Newsletter
Notwithstanding that the unemployment rate in South Carolina increased more than any other state in the nation last year, economic development incentives have come under increasing attack. The Baltimore Sun, ABC News, op-ed editorials in The State ...
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Public Disclosure of Tax Filings of Nonprofit Organizations
The IRS recently released final regulations which spell out how, when and where tax-exempt organizations, other than private foundations, must disclose their tax-exemption applications and annual tax filings to the public. The regulations became ...
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Proposed Tennessee Business Tax Changes
On February 8, 1999, Governor Sundquist proposed the elimination of the Tennessee sales tax on food and a major new and unique tax structure for the taxation of businesses which operate in Tennessee. Under current law, corporations are subject to ...
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Property Tax Lien Enforcement: Period Between Nonpayment of Taxes and Loss of Your Mortgage Shortened
The Michigan General Property Tax Act, MCLA 211.1 et seq., MSA 7.1 et seq. creates a statutory lien for unpaid real property taxes. This lien is prior to all other liens and encumbrances on the land assessed for those taxes, including the lien of ...
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