In this issue:
- SALT Perspective: California - A tale of two throwbacks
- Economic nexus satisfies throwback's "doing business" requirement for 2011 and future years
- Per the FTB, physical presence required for preventing application of pre-2011 throwback
- Key State Developments
- Tenn. issues guidance on intangible expense add-back and deduction
- New San Francisco gross receipts tax
- State Tax Practitioner's Tip
- Other state tax development updates
