KPMG reports: Maine, New Jersey, Oregon | KPMG | US
close
Share with your friends

KPMG reports: Maine, New Jersey, Oregon

KPMG reports: Maine, New Jersey, Oregon

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

  • Maine: The legislature passed a bill that updates Maine’s conformity to the Internal Revenue Code and also addresses implications of the new U.S. federal tax reform—including Code section 965 and the “GILTI” provisions—for both individuals and corporations.
  • New Jersey: The state’s Tax Court denied a summary judgment motion in a sales tax sourcing dispute involving retailers with in-state home offices. The court found a lack of evidence to establish whether advertising materials printed in-state for distribution all over the United States and Canada were actually shipped by an employee of the retailers—and therefore subject to New Jersey sales tax—or by a common carrier and thus not subject to sales tax.
  • Oregon: The state’s Tax Court held that there was no basis for requiring a nonresident individual’s Oregon-sourced income, derived from investments in several pass-through entities, to be determined using combined reporting.

 

Read more at KPMG's This Week in State Tax

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