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

Privatization of Real Property

An appreciation of the privatization process concerning real property is important for those involved in the property business in Hungary, even though the great bulk of the planned privatizations have already been carried out. The schemes ...
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Sales And Use Tax Task Force Adopts Final Recommendations

At its meeting on January 22, the Connecticut Sales and Use Tax Task Force, which is chaired by Rep. Carl Schiessl (D), House cochair of the Finance, Revenue, and Bonding Committee of the General Assembly, adopted its final recommendations. The ...
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Sales Tax

International Business Machines Corporation v. Commissioner of Revenue, 1997 WL 694773 (Mass. App. Tax. Bd. 10/24/97). SALES TAX - IBM obtained resale certificates from its lessees in sale/leaseback transactions. It was able to produce two-thirds of ...
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Saving For A Child’s Or Grandchild’s Education: Qualified State Tuition Programs

Many parents and grandparents are interested in how to save for the education of their children and grandchildren in ways that minimize taxes. For years they have used Custodianship gifts and trusts, but now anyone faced with the challenge of ...
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So You Think You Are a Florida Resident?

Consider this scenario. You run several businesses in Connecticut and maintain your home in Connecticut. But you've decided to buy some property in Florida, spend some time there for relaxation, and, because of the tax advantages, claim Florida as ...
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Pennsylvania Real Estate Upset Tax Sales Bill

Real Estate tax sales in Southeastern Pennsylvania counties (other than Philadelphia) are held in September of each year. Unpaid real estate taxes become delinquent on January 1st of the year following the year when the taxes are due (for example ...
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NPJP White Paper

South Carolina currently has both a property tax, as well as a sales and use tax, incentive for Research & Development ("R&D"). We have no income tax incentive, unlike some of our neighboring states as well as the Internal Revenue Code. Below you ...
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The Coming Sales Tax Amnesty and What It Will Cost You

On November 12, 2002, representatives of 34 states and the District of Columbia approved a final version of a multi-state Streamlined Sales and Use Tax Agreement (the "Agreement") designed to simplify and modernize sales and use tax collection and ...
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Unrelated Business Income Should Be Reviewed In 501(C)(3) Bond Issues

Marcus S. Owens, the retiring director of the Exempt Organizations Division of the Internal Revenue Service, departed with a warning to organizations described in sec. 501(c)(3) of the Internal Revenue Code. In his last speech as director, he noted ...
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U.S. Virgin Islands Exempt Companies Law Encourages Mutual Funds And Captive Insurers

The United States Virgin Islands, a U.S. territory located in the Caribbean Sea about 1500 miles southeast of New York City, has its own tax system which is administered separately from that of the rest of the United States. It is also the only U.S ...
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