Foreign Entities Doing Business in the U.S. and Domestic Start-ups: Are you “Wayfair-aware?”

Foreign Entities Doing Business in the U.S. and Domestic Start-ups: Are you “Wayfair-aware?”

Setting the Stage Foreign Direct Investment benefits the United States as foreign companies build new manufacturing and research facilities, creating employment opportunities across the country.  Foreign companies are drawn to the U.S. by its large trading markets, educated workforce and stable political and business environments.  However, a trap for the unwary exists in the form of a disjointed and mostly-unaffiliated U.S. state and local tax regime; over 10,000 distinct tax jurisdictions exist within the U.S., each...

Massachusetts Accelerated Sales Tax Payments

Massachusetts Governor Baker signed HB 5164 into law in December 2020 with critical process and timing changes for certain monthly sales and use, room occupancy and meals tax filers which take effect on April 1, 2021.Specifically, filers of these monthly returns whose tax liabilities in the prior calendar year (i.e. 2020) exceed $150,000 must now remit such taxes on a “split” schedule: Tax collected on sales made in the first 21 days of the month to...

Sports Arena

Tickets, Technology & Tax Reform

Do you have season tickets to a major sports team or know anyone who does? Have you purchased tickets to a single-game sporting event recently and noticed that those big corporate boxes don’t seem as full as they used to? When it comes corporate tax considerations related to the buying, selling, and paying for event tickets, much has changed, largely due to both technology advancements and federal tax reform. Corporations have always been frequent purchasers of...

Amicus Briefs: South Dakota v. Wayfair Not So Brief After All!

Rule 37.1 of the Rules of the Supreme Court of the United States declares that, “An amicus curiae brief that brings to the attention of the Court relevant matter not already brought to its attention by the parties may be of considerable help to the Court. An amicus curiae brief that does not serve this purpose burdens the Court, and its filing is not favored.” It is common to see amicus briefs when reading or researching case law. However, I thought it...