Multistate Tax Compact publications, State and Local Tax
The following PwC publications address the various developments on taxpayer challenges to Compact member states’ denials of the Article III election. In addition, these publications address general developments involving the Compact.
Monday, July 28, 2014
- The Multistate Tax Commission is in the development stages of a transfer pricing audit program and a remote seller single-audit program regarding the Marketplace Fairness Act of 2013. As the Commission considers expanding its current income and sales tax audit programs, it is time to review the Commission’s functions and powers under the state statutes implementing the MultistateTax Compact, as well as its organizational status.
Thursday, November 21, 2013
- In this October 21, 2013, Tax Analysts article, David Kennedy, Michael Herbert, and Bryan Mayster examine how Missouri allows taxpayers to make the Multistate Tax Compact equally weighted three-factor apportionment election and how such treatment may serve as a model for other compact states to follow.
Tuesday, October 8, 2013
- In this September 2013 article, Michael Herbert and Bryan Mayster explore the journey of the Multistate Tax Commission's joint audit program in light of the Commission’s early purpose of fighting for uniformity, efficiency, and compatibility of tax laws governing multistate businesses.
Friday, August 9, 2013
- D.C. modifies combined reporting, decreases sales tax, and repeals/re-enacts the Compact
Monday, July 22, 2013
- Gillette Company and Subsidiaries v. California Franchise Tax Board, numerous documents submitted for the record that were only recently discovered
Thursday, June 27, 2013
- In Tarrant Regional Water District v. Herrmann, US Supreme Court sheds light on Compact debate
Tuesday, June 11, 2013
- Trial court rules MTC is a binding compact
Thursday, June 6, 2013
- With the recent state withdrawals from the Multistate Tax Compact, a number of issues arise, including the impact they will have on the joint audit program authorized under Article VIII of the Compact. Will the states that have repealed the Compact but re-enacted all provisions except for Articles III and IV still be considered “members” of the Compact and be able to continue to participate in the joint audit program?
Monday, April 15, 2013
- At issue in Gillette is much more than a state tax matter. The decision will have ramifications for the over 200 existing interstate compacts addressing matters as wide ranging as environmental control to interstate transfers of violent criminals.
Wednesday, April 3, 2013
- On April 1, 2013, Utah Governor Gary Herbert signed Senate Bill 247, which repeals Multistate Tax Compact provisions from Utah law
Friday, March 8, 2013
- Opportunity exists for a taxpayer to elect to use the equally weighted three-factor formula under the Multistate Tax Compact in lieu of the single sales factor
Friday, November 30, 2012
- Michigan Court of Appeals denied a taxpayer's right to elect to apportion its income using the equally weighted three-factor formula
Friday, November 16, 2012
- CA FTB petitioned the California Supreme Court for review of the Court of Appeal's decision in Gillette
Friday, November 9, 2012
- A Promise Forgotten - As the myriad of tax, legal and constitutional issues the Gillette case has created weave their way through the courts and state capitols, interested parties would do well to look back at the reasons for the Compact's adoption. Through this prism, one might find it difficult to reconcile the past history with the present day statements of the FTB and Multistate Tax Commisssion.
Friday, October 19, 2012
- Texas Comptroller denied a taxpayer's election to apportion its Texas margin tax using the equally weighted three-factor apportionment formula
Thursday, October 4, 2012
- The Court's opinion on rehearing is substantially similar to its original opinion, with a few notable exceptions. Gillette v. Franchise Tax Board.
Tuesday, October 2, 2012
- Multistate Tax Compact apportionment election is not available in Oregon. However, taxpayers may file a protective claim to secure the right to a refund.
Friday, September 21, 2012
- Texas Comptroller of Public Accounts denied a taxpayer's election to apportion its Texas margin tax using the equally-weighted three factor formula
Wednesday, July 25, 2012
- California - Multistate Tax Compact's equally weighted three-factor formula