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

Tax Savings with Foreign Sales Corporations

We all know that going global will be the wave of the future for the companies of the future. What would you say if I told you that your export company could exempt a portion of its income from tax? What if I also told you that this plan involved a ...
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Tax Litigation Primer

Reprinted from the November 2000 issue of Corporate Business Taxation Monthly Like many of my colleagues, I am uncertain whether I chose tax litigation as a profession or it chose me. Whatever the origin, the invitation to write an essay on a topic ...
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Long-Awaited Breakthrough in German Tax Reform

In Germany, the breakthrough for genuine tax reform has at last occurred. The modest tax reform proposals that were enacted for 1999-2000 have now been followed by fundamental reforms that will be implemented over the next five years. Not only has ...
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Stock Option Income Subject To Earned Income Tax Levied By Pennsylvania Political Subdivisions

Pennsylvania residents who exercise stock options issued by their employer may be subject to local earned income tax on the income realized when such stock options are exercised, based on a recent Pennsylvania Supreme Court ruling. In Marchlen v ...
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Governor Calls for Cuts in Income and Gasoline Taxes

In his State of the State address to open the 1998 session of the Connecticut General Assembly, Gov. John G. Rowland (R) called for further cuts in the personal income tax and the gasoline excise tax. Overall spending for fiscal 1999, which is the ...
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Applicability of Pennsylvania Sales and Use Tax on Public and Nonprofit Construction Projects-May 2000

The Pennsylvania General Assembly has enacted legislation designed to clarify the treatment of sales and use tax in the context of construction projects for exempt public and nonprofit entities. Act 45 of 1998 (1) altered the substantive and ...
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Avoiding Multi-State Taxation

Does your company sell products to customers in states outside of Pennsylvania? If so, your company may be subject to income tax in those states if you are not careful about the types of services you provide to those out-of-state customers. Each ...
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California Business Property Tax: Reported Costs Are Not Necessarily Fair Market Value

California's property tax regime is famous for the limitations placed on assessments by the California Constitutional amendment known as "Proposition 13." However, many people do not know that those limitations apply only to real property. Personal ...
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California Trial Court Holds That Use of a Separate Company Limitation for Claming Tax Credits Generated by a Unitary Business is not Inconsistent with Unitary Business Principles

Over 50 years ago in Edison California Stores v. McColgan, 30 Cal.2d 472 (1947) the California Supreme Court upheld the use of a combined report when a unitary business is conducted by multiple corporations. In doing so, a fundamental principle ...
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Casino Fixtures

LeasePartners Corp. v. The Robert L. Brooks Trust, No. 25946, 1997 WL 398930 (Nev. July 15, 1997). FIXTURES - The Brooks Trust owned the Royal Hotel and Casino; the Danzig Corp. leased the hotel and casino from the Trust. Danzig leased large signs ...
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