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Note from the Editors
Welcome to the November 2024 edition of The BR State + Local Tax Spotlight. We know the importance of remaining up-to-date on State + Local Tax development, which appear often and across numerous jurisdictions. Staying informed on significant legislative developments and judicial decisions helps tax departments function more efficiently, along with improving strategy as well as planning. That is where The BR State + Local Tax Spotlight can help. In each edition, we will highlight important State + Local Tax developments that could impact your business. In this issue, we will be covering:
- Unlike a Fine Wine, Tax Issues Do Not Get Better with Age
- New Jersey Tax Court Sets Aside Sales Tax Assessment Based on Estimated Sales
- Oregon Tax Court Finds Taxpayers Not Bound by Incorrect Federal Adjustments
- Everyone Wins: Pennsylvania BF&R Grants a Partial Refund to a Manufacturing Company Before the Commonwealth Revamps its BF&R Tax Dispute Process
We invite you to share The BR State + Local Spotlight with your colleagues and visit Blank Rome's State + Local Tax webpage for more information about our team. Click here to add the State + Local Tax to your subscription preferences.
Joshua M. Sivin and Melanie L. Lee
ARTICLES
Unlike a Fine Wine, Tax Issues Do Not Get Better with Age
By Eugene J. Gibilaro
In a recent decision, the New York State Tax Appeals Tribunal upheld notices of deficiency issued by the New York State Department of Taxation and Finance totaling approximately $15 million in additional tax, plus interest and penalties for tax years dating as far back as 2002. Read More >>
New Jersey Tax Court Sets Aside Sales Tax Assessment Based on Estimated Sales
By Kara M. Kraman
A pizzeria operator successfully challenged a sales tax assessment made by the Division of Taxation in which the auditor estimated the sales tax due. Read More >>
Oregon Tax Court Finds Taxpayers Not Bound by Incorrect Federal Adjustments
By Melanie L. Lee
Departments of Revenue are notorious for treating their guidance as the final and absolute word on an issue. Read More >>
Everyone Wins: Pennsylvania BF&R Grants a Partial Refund to a Manufacturing Company Before the Commonwealth Revamps its BF&R Tax Dispute Process
By Stephanie N. Terinoni
The Pennsylvania Board of Finance and Revenue determined that Aero Aggregates of North America LLC was entitled to a partial refund of sales tax that it paid on natural gas, as such natural gas was used to power equipment directly used in its manufacturing operations. Read More >>
WHAT'S SHAKING: BLANK ROME STATE + LOCAL TAX ROUNDUP
Blank Rome’s nationally prominent State + Local Tax attorneys are thought leaders in the community as frequent guest speakers at various local and national conferences throughout the year. Our State + Local Tax attorneys believe it is necessary to educate and inform their clients and contacts about topics that will impact their businesses. We invite you to attend, listen, and learn as our State + Local Tax attorneys interpret and discuss key legal issues companies are facing and how you can put together a plan of action to mitigate risk and advance your business in accordance with state and local tax laws. Read More »
© 2024 Blank Rome LLP. All rights reserved. Please contact Blank Rome for permission to reprint. Notice: The purpose of this update is to identify select developments that may be of interest to readers. The information contained herein is abridged and summarized from various sources, the accuracy and completeness of which cannot be assured. This update should not be construed as legal advice or opinion, and is not a substitute for the advice of counsel.
