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 >>
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