This Little Piggy Goes To Market

This Little Piggy Goes To Market

For three generations (rock and roll, disco and new wave) the sourcing of services for state income tax apportionment didn’t get a whole lot of attention.  Sure, there were rules included in UDITPA (Uniform Division of Income for Tax Purposes Act) that applied to services, but that was just catch-all language for anything “other than tangible personnel property.”  And heck, Congress didn’t even address services when it passed P.L. 86-272, maybe the only law they...

The Global Minimum Tax: Will US Multistate Tax Conventions Apply?

A quick Google search for “Global Minimum Tax” brings up a host of news articles passionately advocating either for or against the proposal.  In fact, a casual consumer of news could be forgiven for thinking that the global minimum tax is synonymous with the Biden Administration’s Made in America tax plan. The goal of a global minimum tax provision is to make American companies and workers more competitive by eliminating incentives to offshore investment and profit...

GAGNONtax Year-End State Tax Planning Checklist

As year-end approaches, whether that be calendar year-end or your specific fiscal year-end, actions can be taken to help reduce the effect of state income and non-income taxes on your company’s financial performance.  To that end, the GAGNONtax partners have put together a checklist to assist in identifying potential tax saving opportunities. Learn more or contact us for a consultation. ...