KPMG reports: California, Colorado, Delaware | KPMG | GLOBAL

KPMG reports: California, Colorado, Delaware

KPMG reports: California, Colorado, Delaware

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.


Related content

  • California: The state’s high court declined to review a decision addressing the taxability of software transferred via a technology transfer agreement. In Lucent Technologies Inc. v. State Board of Equalization, a California Court of Appeal held that software licenses transferred with telecommunications switching equipment were exempt from sales and use tax.
  • Colorado: The Department of Revenue issued a private letter ruling concluding that a taxpayer’s charges for assembling and installing closet organizational systems are subject to Colorado sales tax because the assembly of the component parts into an organizational system at the customer’s location did not constitute manufacturing a product to a finished state. Accordingly, the system was not fully finished until it was assembled.
  • Colorado: A state district court concluded that a domestic holding company was excluded from a Colorado combined group.
  • Delaware: Legislation that would provide a single-sales factor apportionment test has been passed by the legislature.


Read more at KPMG’s This Week in State Tax

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