State & Local
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April 12, 2024
The Week In Trump: Catch Up On The Ex-President's Cases
Donald Trump and his legal team proved that they are nothing if not persistent as they repeatedly tried — and failed — to hit the brakes on the former president's porn star hush money trial in Manhattan.
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April 12, 2024
NJ Tax Collections Through March Dip $681M
New Jersey's general revenue collection for July through March was down $681 million compared with the same period last fiscal year, according to a monthly report by the state Department of the Treasury published Friday.
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April 12, 2024
SC General Revenue Down $23M From Last Year, Board Says
South Carolina's general revenue collection was $9.2 billion from July to March, down by $23 million from the collection during the same period the previous year, the state Board of Economic Advisors reported.
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April 12, 2024
Colo. House Plan Seeks Ballot Question On Property Tax Caps
Colorado voters would decide whether to limit property tax revenue growth in a jurisdiction under a ballot measure to amend the state constitution proposed in a House resolution.
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April 12, 2024
Colo. House Panel OKs Affordable Housing Credit Expansion
Colorado would increase the amount of money allocated to the state's affordable housing tax credit under a bill approved by the state House Finance Committee.
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April 12, 2024
Taxation With Representation: Freshfields, Kirkland & Ellis
In this week's Taxation with Representation, eBay acquires Collectors' Goldin auction house, Vertex Pharmaceuticals buys Alpine Immune Sciences, Vista Equity Partners purchases Model N and Tradeweb Markets buys Institutional Cash Distributors.
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April 12, 2024
Trump Voir Dire Aims To Keep Ballot Box Out Of The Jury Box
As jury selection begins Monday in the first-ever criminal trial against a former president, experts say both the Manhattan District Attorney's Office and lawyers for Donald Trump will rely on voir dire questioning and social media sleuthing to keep out jurors who'd use their civic duty to "have a stronger vote in the next presidential election."
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April 11, 2024
Biz Owners Tell House Panel Extending Tax Cuts Is Crucial
It is essential that Congress extends provisions of the 2017 tax law that are set to expire in 2025, especially the law's pass-through deduction, business leaders told the House Ways and Means Committee on Thursday.
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April 11, 2024
Mich. Justices Wade Into Due Process Fight Over Tax Appeal
The Michigan Supreme Court will review a dispute over whether a packaging company's tax exemption appeal can be heard by the state's Tax Tribunal, the court said in an order.
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April 11, 2024
Minn. Bill Aims To Expand Sales Tax Break For Baby Products
Minnesota would expand an existing sales and use tax exemption for certain baby products to include all baby products under a bill introduced Thursday in the state Senate.
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April 11, 2024
Maine Eliminates Municipal Property Tax Levy Limits
Maine will no longer set limits on the amount that local municipalities can increase property taxes by each year as part of a law signed by the state's governor.
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April 11, 2024
Minn. Senate Bill Seeks Sales Tax Break For School Supplies
Minnesota would exempt all school supplies from sales and use tax under a bill introduced Thursday in the state Senate.
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April 11, 2024
Proskauer Adds Kirkland Partner For Tax, Estate Issues
Proskauer Rose LLP has added to its private client services department a partner from Kirkland & Ellis LLP who specializes in developing domestic and international tax and estate plans for clients with very high net worth, the firm announced.
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April 11, 2024
NY ALJ Denies Tax Refund For Leased Car Moved To Pa.
A New York resident was correctly denied a partial sales and use tax refund on a leased vehicle for a period after he moved to Pennsylvania, a New York administrative law judge determined Thursday.
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April 11, 2024
Calif. Panel OKs Requiring Disclosure Of Sales Tax Rebates
California would require local jurisdictions to publish agreements that result in direct or indirect payment, diversion or rebate of local sales tax revenue and to disclose information to the state under a bill advanced by the state Assembly's tax panel.
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April 11, 2024
Tenn. Senate Rejects Less Costly Corp. Tax Break Plan
The Tennessee Senate rejected Thursday a less costly House of Representatives version of legislation to reform the state's corporate franchise tax and refund some past payments, sending it back to the House.
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April 11, 2024
Neb. Lawmakers Advance Digital Ad Tax, Property Tax Relief
A proposal by Nebraska's Republican governor to enact a tax on digital advertising and nix some sales tax exemptions to fund property tax relief advanced in the state Legislature, despite calls to postpone the bill.
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April 11, 2024
Ariz. To Create Certification Of 3rd-Party Sales Tax Sourcing
The Arizona Department of Revenue will create a certification process for third-party providers of sales tax sourcing services under legislation signed into law.
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April 11, 2024
Minn. Senate Bill Would Cut Corp. Franchise Tax Rate
Minnesota would cut its corporate franchise tax rate starting in the current tax year under legislation introduced Thursday in the state Senate.
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April 10, 2024
Iowa Lawmakers OK Lowering Captive Insurer Premium Taxes
Iowa would lower the rate of tax imposed on some captive insurance companies' reinsurance premiums under a bill unanimously approved by the state Senate and headed to the governor.
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April 10, 2024
Ky. Gov. Rejects Tax Amnesty Program, Bullion Tax Break
Kentucky's governor vetoed provisions in an omnibus tax bill that would have offered a tax amnesty program and created a sales tax exemption for metal bullion.
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April 10, 2024
Pa. House Bill Seeks Remote Worker Corp. Tax Exemption
Any corporation based outside Pennsylvania would not be required to remit corporate net income tax in the state if the corporation's remote workers worked from the commonwealth less than 50% of the time under a bill introduced in the House Appropriations Committee.
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April 10, 2024
Trump Fails Again To Halt NY Trial Over Claim Judge Is Biased
Donald Trump on Wednesday tried and failed for the third time in as many days to delay his upcoming hush-money trial, after arguing the judge should be removed for supposed bias and that the judge's rules were preventing him from defending himself.
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April 10, 2024
Rhode Island Extends Filing, Payment Deadlines After Storms
Rhode Island will extend some state tax filing and payment deadlines from April to July for people and businesses affected by storms and flooding, the state Division of Taxation said Wednesday.
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April 10, 2024
Pa. House Committee To Consider SALT Cap Workaround
Pennsylvania would allow pass-through entities to elect to be taxed at the entity level as a workaround to the $10,000 federal cap on state and local tax deductions under a bill referred to the House Appropriations Committee.
Expert Analysis
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A Year-End Look At Florida's Capital Investment Tax Credit
Notwithstanding the Walt Disney Co.’s feud with Gov. Ron DeSantis this year, Florida's capital investment tax credit will continue to make the state a favored destination for large corporations, particularly in light of the new federal alternative minimum tax and the Pillar Two top-up tax, says Alan Lederman at Gunster.
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Understanding Discovery Obligations In Era Of Generative AI
Excerpt from Practical Guidance
Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.
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The Case For Post-Bar Clerk Training Programs At Law Firms
In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.
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Ohio Voters Legalize Cannabis — What Comes Next?
This month, voters approved a citizen-initiated statute that legalizes marijuana for recreational use in Ohio, but the legalization timeline could undergo significant changes at the behest of the state's lawmakers, say Daniel Shortt and David Waxman at McGlinchey Stafford.
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Bezos On The Move: SALT In Review
From billionaire Jeff Bezos' impending relocation to an important transfer pricing case in Louisiana, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Mo. Solar Projects Need Clarity On Enterprise Zone Tax Relief
In Missouri, enhanced enterprise zones offer tax abatements that could offset the cost of solar project infrastructure, but developers must be willing to navigate uncertainty about whether the project is classified as real property, say Lizzy McEntire and Anna Kimbrell at Husch Blackwell.
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AI Can Help Lawyers Overcome The Programming Barrier
Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.
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Preparing Law Students For A New, AI-Assisted Legal World
As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.
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General Counsel Need Data Literacy To Keep Up With AI
With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.
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Kentucky Tax Talk: Clash Over Industrial Supplies Exemption
Recent legislative testimony in Kentucky may cause another battle over the state's sales tax exemptions for industrial supplies, even though the testimony appears to mischaracterize the impact of a major state court ruling that upheld the exemptions, say attorneys at Frost Brown.
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Navigating Discovery Of Generative AI Information
As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.
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Finding Focus: Strategies For Attorneys With ADHD
Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.
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A Ministry Of Silly Ideas: SALT In Review
From proposals before a District of Columbia tax revision panel to the defeat of an income tax cut in North Dakota, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.