Skip to Content

State & local tax advisor: February 2018

February 26, 2018 Article 1 min read
Curtis Ruppal Mike Merkel Ron Cook Julie Corrigan
What’s new in state and local tax? Here are a few updates on activities within Idaho, Illinois, Indiana, and more.
Image of top of White House


  • IRC conformity legislation enacted


  • Sales and use tax occasional sale exemption discussed


  • Sales to foreign country not subject to throwback rules


  • Services for clients located outside Detroit not included in sales factor
  • Personal income tax changes regarding filing of amended return discussed


  • Impact of Tax Cuts and Jobs Act of 2017 on Minnesota taxpayers explained

New York City

  • Receipts allocation had to reflect salespeople and independent consultants

North Carolina

  • Impact of federal tax law changes discussed


  • Net operating loss increases effective

South Dakota

  • IRC conformity updated


  • Tax amnesty runs May 1 through June 29


  • Sales and use tax guidance regarding occasional sales exemption for business asset sales issued

Read the full February 2018 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.

©2018 CCH Incorporated and its affiliates. All rights reserved.

Related Thinking

Close-up view of the corner of a building.
December 1, 2023

Pass-through entity tax deductions may help restore deductibility of state taxes

Article 3 min read
modern multi-level white office lobby with two red seats in the distance
December 1, 2023

An R&D tax credit study could help reduce the tax impact of Section 174

Article 3 min read
Business professional researching the Inflation Reduction Act.
Nov. 30, 2023

Inflation Reduction Act: Tax credits for electricity production from clean and renewable resources

Webinar 1 hour watch