KPMG reports: Colorado, Connecticut, Nevada, Oklahoma | KPMG | GLOBAL

KPMG reports: Colorado, Connecticut, Nevada, Oklahoma

KPMG reports: Colorado, Connecticut, Nevada, Oklahoma

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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  • Colorado: The Department of Revenue issued a private letter ruling (PLR) concluding that a taxpayer’s provisions of paper and/or electronic billing services were not subject to state sales and use tax. 
  • Connecticut: Senate Bill 502, the budget implementer bill, was agreed to by the House and Senate, and adopts market-based sourcing provisions. Under legislation enacted last year, effective for tax years beginning on or after January 1, 2016, most Connecticut corporate taxpayers must apportion their income to Connecticut using single-sales factor apportionment.
  • Nevada: There have been efforts to repeal the “commerce tax” for which the first return is due August 15, 2016.
  • Oklahoma: New law includes changes to Oklahoma’s sales and use tax laws, including the imposition of an affiliate / attributional nexus rule and provisions requiring notification to customers within Oklahoma for sales made from outside the state.


Read more at KPMG’s This Week in State Tax

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