Articles Posted in Tax Law

Florida Governor Ron DeSantis announced Tuesday that lawmakers would consider terminating the special status that has allowed Disney to operate free of most state regulation since the 1960s.

Posted in: Politics, Tax Law

Companies with $100 million or more in global annual gross revenue would need to pay a percentage of the revenue received from digital advertisements shown in Maryland.

On April 2, the US House Ways and Means Committee passed H.R.1957, the Taxpayer First Act of 2019 (the “Act”). Widely cited as a win for private online tax preparation companies such as TurboTax, opponents claim it will prohibit the IRS from creating competing free software to assist citizens in tax preparation and filing…

Posted in: Consumer Law, Tax Law

California legislators have proposed a tax on text messages to increase funds for programs that provide underserved residents with connectivity. The new tax plan, proposed by the California Public Utilities Commission (CPUC), would not charge per text message, but would implement a monthly fee based on a cellular bill that includes any charges for text messages. Most cellular carriers charge a flat fee for texting and include similar fees for other services, such as calls. The specifics of the charge associated with the tax would vary across carriers.

Posted in: Privacy, Tax Law

A judge in New York has ruled that state Attorney General Barbara Underwood's case against the Trump Foundation can go forward. The case alleges that the charitable foundation engaged in a consistent pattern of illegal acts for over a decade, being used to settle business disputes and support the 2016 Trump presidential campaign. The judge ruled that U.S. Supreme Court precedent in the Paula Jones sexual harassment lawsuit against then-President Clinton clearly states that the president is not immune from civil liability while in office.

The states of New York, Connecticut, Maryland and New Jersey sued the United States today over new rules ushered in via the 2017 federal tax overhaul which cap federal deductions of state and local taxes (SALT) to $10,000. Read the complaint via Justia.

Posted in: Tax Law

In one of the most highly anticipated decisions of the term, the US Supreme Court held today that states may require sellers who have no physical presence within the state to collect and remit sales taxes on goods sold to buyers in the state. Justice Anthony Kennedy wrote the opinion for the majority, and Justices Clarence Thomas, Ruth Bader Ginsburg, Samuel Alito, and Neil Gorsuch joined. The decision overrules two prior cases in which the Court established and upheld the so-called "physical-presence rule" for sales tax, citing drastic changes in the reality of shopping and commerce.