Author
Prepared by the Deloitte Tax LLP Multistate Tax Knowledge Management Group

• Multistate Tax Alerts: Nevada – Proposed Amnesty Program Would Run from July 1st through Sept 30th
• Income/Franchise Tax: Oklahoma – New Law Disallows Interest & Rent Expense Deductions Paid to Captive REITs; Authorizes Amnesty Program the Could Run From Sept 15th through Nov 14th
• Income/Franchise Tax: South Carolina – New Law Updates Internal Revenue Code Conformity
• Income/Franchise Tax: Tennessee – New Law Imposes REIT ‘Loophole Closing’ Reporting Requirements
• Sales/Use Tax: New Mexico – Company Has Nexus in Offering Third-Party Computer Service Contracts

See attached file for details.

Visit the State Tax Matters Archive for issues from the past six months.

 Subscribe to State Tax Matters