Corporate State Tax Updates – May 2021

Georgia Lo The following are recent significant State Corporate Tax developments for the month of May that may be of interest to estate and business planners, organized by state.  Alabama: On May 14, H.B. 588 was signed into law, providing credits to owners, members, partners, or shareholders of an electing pass-through entity in an amount … Continue reading Corporate State Tax Updates – May 2021

Corporate State Tax Updates – April 2021

Georgia Lo The following are recent significant State Corporate Tax developments for the month of April 2021 that may be of interest to estate and business planners, organized by state.  Arizona: On April 14, S.B. 1752 was signed into law, updating Arizona’s conformity to Internal Revenue Code (IRC) provisions regarding definitions of adjusted gross income … Continue reading Corporate State Tax Updates – April 2021

Corporate State Tax Updates – March 2021

By Georgia Lo The following are recent significant State Corporate Tax developments for the month of March 2021 that may be of interest to estate and business planners, organized by state.  Alabama: The Alabama Court of Appeals recently upheld the state’s mandatory corporate income tax return requirement for passthrough entities with non-resident members. Under state law, … Continue reading Corporate State Tax Updates – March 2021

February Corporate State Tax Updates – February 2021

By Georgia Lo The following are recent significant State Corporate Tax developments for the month of February 2021 that may be of interest to estate and business planners, organized by state. Alabama: House Bill 170, signed on February 12, 2021, provides new tax provisions in Alabama, including:Changing the apportionment factor to a single sales factor;Retroactively … Continue reading February Corporate State Tax Updates – February 2021