California Governor Gavin Newsom has signed legislation (i.e., S.B. 113) to, among other things, reinstate business tax credits and net operating loss (NOL) deductions originally limited by the enactment of A.B. 85 in 2020.
Trade Groups Ask SCOTUS to Hear Commerce Clause Challenge to Washington B&O Surtax on Financial Institutions
Two organizations, the Washington Bankers Association and American Bankers Association (collectively, the “Associations”), are urging the U.S. Supreme Court to review the constitutionality of Washington’s business and occupation surtax on large financial institutions. On January 28, 2022, the Associations filed a cert petition arguing that the surtax discriminates against interstate commerce in violation of the Commerce Clause and that the Washington Supreme Court’s decision upholding the surtax is erroneous.
Congratulations, Robert!
The SALT team would like to extend our congratulations to Robert P. Merten III on his promotion to Partner!
2022 CalTax Foundation Webinar Series
Pillsbury SALT partner Craig Becker will participate in the CalTax webinar series on February 8.
2022 Eagle Lodge West Conference
Pillsbury SALT partner Robert P. Merten III will present during the 2022 Eagle Lodge West Conference taking place February 24-25.
How to Be Reasonable When Reasonably Approximating the Market: Part II
Pillsbury SALT attorneys Carley Roberts, Robert P. Merten III, Jeff Phang, and Lexi Louderback recently published “How to Be Reasonable When Reasonably Approximating the Market: Part II” in Tax Notes State. Read more here.
Verizon’s Small Business Accelerator Program
Pillsbury SALT attorney Zachary Atkins will present during Verizon’s Small Business Accelerator Program on January 19.
California Supreme Court Addresses Exhaustion of Administrative Remedies in Context of Proposition 218 BID Assessments
California Supreme Court holds that courts can entertain arguments that a BID assessment scheme violates certain provisions of Proposition 218 when raised by a party who did not articulate these objections in public hearings held to consider protests.
On December 20, 2021, the California Supreme Court reversed the court of appeal which had concluded that petitioners failure to present their objections to proposed business improvement districts (“BIDs”) and related assessment schemes at the appropriate public hearings meant they had not exhausted their extrajudicial remedies, a lapse that prevented the court from deciding petitioners’ claims on the merits. Hill RHP Housing Partners, L.P. et al. v. City of Los Angeles, No. S263734.
2021 California Alliance of Taxpayer Advocates Annual Conference
Pillsbury SALT partner Craig Becker will present during the California Alliance of Taxpayer Advocates Annual Conference on December 10.
TEI Chicago Virtual State Income Tax Program
Pillsbury SALT attorneys Carley Roberts, Zachary Atkins, Robert Merten III, Aruna Chittiappa and Jeff Phang will present during the TEI Chicago Virtual State Income Tax Program on December 9.