Skip to Content

State & local tax advisor: October 2015

October 27, 2015 Article 1 min read
Authors:
Curtis Ruppal Mike Merkel Bob Woolley Ron Cook
Here are the latest and greatest state and local tax updates, including AL, IL, IA, MD, MI, NH, and NC.

Plante Moran’s State & Local Tax team issues periodic newsletters to keep you apprised of important state and local tax changes.

Topics in this issue include:

Alabama

  • Amnesty Bill Enacted

Illinois

  • Pass-Through Treatment of River Edge Historic Preservation Credit Addressed
  • Subtraction Adjustment for Attribute Reductions Under IRC §108 Not Allowed

Iowa

  • Guidance Provided on Impact of Wynne on Credit for Taxes Paid to Other States

Maryland

  • Wynne Tax Refund Website Launched

Michigan

  • Retroactive Repeal of MTC Provisions Was Valid and Constitutional 
  • Guidance on Delivery and Installation Charges Updated

New Hampshire

  • Amnesty Provisions Enacted
  • Voluntary Disclosure, MTC Provisions Enacted

North Carolina

  • Budget Bill Reduces Tax Rates, Revises Apportionment Formula

 

Read the full October 2015 SALT Advisor >>

 Logo of CCH, A Wolters Kluwer Business

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. ©2015 CCH. All Rights Reserved

Related Thinking

Business professional learning about state and local tax.
May 26, 2023

State and local tax advisor: May 2023

Article 36 min read
Group of colleagues discussing state and local tax.
April 26, 2023

State and local tax advisor: April 2023

Article 23 min read
Two business professionals walking down a set of steps together.
March 31, 2023

Six critical private equity due diligence considerations

White Paper