KPMG reports - Michigan (unitary group filings); New Jersey (throw out rule); North Carolina (refund claims); Ohio (nonresident workers); Rhode Island (telecommunications) 

January 20: KPMG’s This Week in State Tax—produced weekly by KPMG’s State and Local Tax practice—focuses on recent state and local tax developments and features a series of short podcasts presented by KPMG tax professionals. Text of the podcasts is also available.

This week’s edition includes the following topics (listen to the podcasts; to read text, click on the links below).


  • Michigan - New laws (1) provide an “affiliate group” election by allowing an affiliate group to elect to file as a unitary business group for Michigan corporate income tax purposes; and (2) address the treatment of pass-through entities that are members of unitary groups that have elected to continue to pay Michigan Business Tax (MBT) until certificated credits are fully used.


  • New Jersey - The New Jersey Tax Court, in an unpublished opinion, concluded that the economic nexus standard applies to determine whether receipts must be “thrown out” under a now-repealed rule.


  • North Carolina - The state’s protective refund claim policy is repealed (effective January 2014); instead, a new statutory exception to the statute of limitations for refunds relating to contingent events is now effective.


  • Ohio - The Department of Taxation revised the standard used to determine whether a nonresident is subject to Ohio’s individual income tax and modified the safe harbor provisions for nonresident workers (effective 2014).


  • Rhode Island - The Division of Taxation issued a ruling that a taxpayer (whose business was installing pay telephones) ought to have filed as a public service corporation and was to have paid the gross earnings tax imposed on providers of telecommunications services.



©2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.


The KPMG logo and name are trademarks of KPMG International.


KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.


The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.


Direct comments, including requests for subscriptions, to us-kpmgwnt@kpmg.com.
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.

Share this

Share this

Subscribe

Current and future KPMG clients may subscribe to TaxNewsFlash email alerts.


Email your contact information.

Other TaxNewsFlash publications

TaxNewsFlash-United States by year