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Author
Prepared by the Deloitte Tax LLP Multistate Tax Knowledge Management Group
· Income/Franchise Tax: Texas – U.S. Supreme Court Denies Review of Case Involving Scope of P.L. 86-272.
· Income/Franchise Tax: Texas – House Passes Bills that Propose New “Margins Tax” to Replace Franchise Tax and Reduction in School District Property Tax Rate Cap.
· Sales/Use Tax: Louisiana – ‘Ultimate Use’ Test Rejected; TPP Used in Interstate Commerce is Taxed.
· Upcoming Event: The Tenth Annual Multistate Tax Institute: The National Tax Conference.
See attached file for details.
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Weekly highlights of the latest multistate tax developments.
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Contact us for more information
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Last Updated: April 28, 2006
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Source: Deloitte & Touche USA LLP - United States (English)
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