Massachusetts, Portland, Washington, Multistate | KPMG | US

KPMG reports: Massachusetts, Portland, Washington, Multistate

Massachusetts, Portland, Washington, Multistate

KPMG’s This Week in State Tax—produced weekly by KPMG’s State and Local Tax practice—focuses on recent state and local tax developments.

1000

Related content

  • Massachusetts: The Appellate Tax Board concluded that a company’s failure to apply to be classified as a securities corporation (thereby entitling it to preferential corporate excise tax treatment, and not requiring it to be included in the Massachusetts combined group) precluded the company from such beneficial tax treatment.
  • Portland, Oregon: The city council is considering an ordinance that, if passed, would impose a surtax on the business license tax liability of certain publicly traded companies, with the revenue to be used to fund social services.
  • Washington State: The state’s Supreme Court held that an electronics distributor was liable for B&O tax on receipts from the sales of products that were delivered to Washington customers from an out-of-state warehouse or that were drop-shipped to Washington addresses (i.e., delivered to a third-party in Washington State at the request of the taxpayer’s customer).
  • Multistate: The Uniform Law Commission finalized the Revised Uniform Unclaimed Property Act (RUUPA) with commentary.

Read more at KPMG's This Week in State Tax

© 2017 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit