State & local tax advisor: March 2017
Learn about the state and local tax changes in happening in Arkansas, California, Massachusetts, Michigan, Minnesota, Virginia, Wisconsin, and Wyoming.
Topics in this issue include:
Arkansas- Corporation filing federal S return must file state S return
California
- Credit allowed for taxes paid to “reverse credit” state by composite return
Massachusetts
- Late-filing penalties to be waived due to federal due date change
Michigan
- Unitary decision in LaBelle applies to both MBT and CIT and amended returns may be required
- Rescission of EMPP exemptions upheld
Minnesota
- Important change to 2016 partnership instructions announced
Virginia
- Virginia tax amnesty program enacted
Wisconsin
- Corporate and partnership return due dates conformed to federal due dates
Wyoming
- Certain remote sellers must remit tax on sales delivered into
The information provided in this alert is only a general summary and is being distributed with the understanding that Plante & Moran, PLLC is not rendering legal, tax, accounting, or other professional advice, position, or opinions on specific facts or matters and, accordingly, assumes no liability whatsoever in connection with its use. ©2016 CCH. All Rights Reserved
