In this edition
Highlighting significant state tax developments
This section presents a brief summary of the following significant SALT Insights we published this quarter:
- Royalties received by out-of-state manufacturers held not sourced to Wisconsin; exception not triggered by Wisconsin customers’ in-state use
- Massachusetts releases Section163(j) treatment
- Pennsylvania Commonwealth Court uncaps net loss carryover in pre-percentage limitation years.
All fourth quarter SALT Insights
Starting on page 5, we categorize all the state and local tax developments on which we issued Insights over the last three months. Each item is linked to a PwC Insight that provides analysis and observations regarding the development.