KPMG reports: California, Missouri, Puerto Rico | KPMG | GLOBAL
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KPMG reports: California, Missouri, Puerto Rico

KPMG reports: California, Missouri, Puerto Rico

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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  • California: Some 45 cities and local jurisdictions are reportedly exploring the possibility of taxing streaming video services and “over-the-top” television services under the existing “utility users tax.”  
  • California: The Franchise Tax Board issued a release that addresses how to apportion losses generated in early years when a company—such as a start-up—has no sales.
  • Missouri: The Missouri Supreme Court held that sales of frozen meals to commercial airlines did not qualify for the reduced sales tax rate imposed on certain sales of food.
  • Puerto Rico: Beginning October 31, 2016, a new electronic web-based platform system will replace the current sales and use tax electronic system (known as PICO).


Read more at KPMG’s This Week in State Tax

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