In a recent Tax Notes State article, Pillsbury lawyers Craig Becker, Breann Robowski, Richard Nielsen and Robert Merten examine San Francisco’s new tax provisions and unintended consequences they may have. Read more here.
New York Budget Raises Tax Rates, Provides Relief to Address Pandemic
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Pillsbury partner Marc Simonetti, counsel Evan Hamme, and associates Aruna Chittiappa and William Bennett discuss tax rate changes in the New York State budget and how this looks to offer relief to industries impacted by the pandemic. 
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Tennessee Creates New Tax Benefits for the Film and Television Industry
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On March 29, 2021, Tennessee Governor Bill Lee signed legislation creating a new sales and use tax exemption and a new franchise and excise tax (F&E) credit for “qualified productions.” H.B. 141, 112th Gen. Assemb., ch. 70 (Tenn. 2021). The new legislation is expected to attract greater production activity, especially smaller-scale productions, to the state and put Tennessee on a competitive footing with other states that offer tax incentives to the industry. Continue Reading ›
Hidden Within The Transparency and Fairness Act of 2017 Was The Little Noticed Exemption from OAL Review of the CDTFA’s Proposed Regulations
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Much to the recent surprise of many in the tax community, the California Department of Tax and Fee Administration (“CDTFA”) is able to adopt or amend regulations without the normal review process by the Office of Administrative Law (“OAL”) under the Administrative Procedures Act (“APA”). Continue Reading ›
Maryland Court of Appeals Rejects First Amendment Challenge to Local Tax on Outdoor Advertising Services
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On February 15, 2021, the Maryland Court of Appeals issued a decision in Clear Channel Outdoor, Inc. v. Director, Department of Finance of Baltimore City, Case No. 24-C-18-001778 (Md. 2021), upholding the constitutionality of a local ordinance that imposes an annual excise tax on businesses selling advertising space on off-site billboards. The tax in question applies only to businesses that own or control off-site billboards in the City of Baltimore i.e., billboards that are not located on the premises where the goods or services being advertised are offered for sale. Continue Reading ›
Oregon Tax Court Rejects Department’s Attempt to Ignore Measure 50 Limitation
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In Tesoro Logistics Northwest Pipeline LLC v. Department of Revenue (002), the Oregon Tax Court, Regular Division, held that although a unit of property acquired by one centrally assessed company from another qualified as “new property” for purposes of Or. Const. Art. XI, § 11 (Measure 50), the unit of property’s existing maximum assessed value (MAV) was preserved in the hands of the new owner. Tesoro Logistics Nw. Pipeline LLC v. Dep’t of Revenue, No. TC 5252, 2021 WL 6700471 (Or. Tax Ct., Reg. Div., Feb. 19, 2021). As a result, the Oregon Department of Revenue was not entitled to redetermine the MAV on account of the acquisition.
COST’s 2021 State Income Tax Webinar
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Pillsbury SALT partner Marc Simonetti will present at COST’s 2021 State Income Tax Webinar on April 28.
Delaware Court Invalidates Division’s NOL Limitation Policy
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Pillsbury State & Local Tax partner Marc Simonetti, special counsel Zachary Atkins and associate Caroline Koo explore the recent Delaware court decision of Verisign and the implications it has for taxpayers in Tax Notes State’s SeeSALT Digest.
TEI’s 2021 Virtual Midyear Conference
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Pillsbury SALT partner Marc Simonetti will present during TEI’s 2021 Virtual Midyear Conference on March 22. Marc is partnering with Richard Tonge (Grant Thornton LLP) and Alexa Woods (Bloomberg Tax and Accounting) to present on the topic, “Global Mobility and Remote Work – More Important and Complex Than Ever.”
Maryland Becomes First U.S. State to Enact Controversial Digital Advertising Tax to Immediate Challenge
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On February 12, 2021, Maryland legislators voted to override Gov. Larry Hogan’s (R) veto of H.B. 732, making Maryland the first state in the nation to impose a digital advertising tax. While Maryland’s enactment of the bill is a first, other states have impending digital advertising tax bills, such as New York, Connecticut, Indiana, Nebraska, Washington, Montana and Massachusetts. Maryland’s digital advertising tax, which becomes effective March 14, 2021 (30 days after the Governor’s veto), has been preemptively challenged in U.S. District Court. Continue Reading ›