KPMG reports: Alabama, Louisiana, New Hampshire, Texas | KPMG | GLOBAL

KPMG reports: Alabama, Louisiana, New Hampshire, Texas

KPMG reports: Alabama, Louisiana, New Hampshire, Texas

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.


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  • Alabama: During the legislature’s second special session, Senate Bill 20 was passed and then signed into law on September 21, 2015, and a measure in that new law requires the Department of Revenue to establish a tax amnesty program.
  • Louisiana: A Louisiana appeals court affirmed a state district court decision, concluding that the taxpayer (a seller and servicer of construction equipment) was entitled to an inventory tax credit for property taxes paid on all of its inventory, including equipment rented to customers.
  • New Hampshire: A long-awaited agreement on a budget package includes business tax rate cuts, a tax amnesty program, and instructions allowing participation in Multistate Tax Commission audits. 
  • Texas: An administrative law judge denied the franchise tax claim filed by the taxpayer (the operator of an aquarium that had an attached gift shop), on the basis that the taxpayer was selling an amusement service, not “goods.”


Read more at KPMG’s This Week in State Tax

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