COST Asks Texas Court To Revisit Best Buy Sales Tax Suit
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Louisiana sent to conference committee proposed legislation SB 157 exempting wages of certain nonresident employees from Louisiana income tax, and employers from withholding and reporting requirements, if the employees only worked in Louisiana for less than 25 days a year.
COST Criticizes Colo. Bill Seeking Itemized Deduction Cap
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By Keith M. Phaneuf, CT Mirror
Gov. Ned Lamont kicked off this year’s state budget debate by urging lawmakers to avoid broad-based tax hikes as Connecticut’s economy crawls out of the coronavirus pandemic.
At the same time, though, many of Lamont’s fellow Democrats noted that COVID-19 has battered households as well, and given the state’s long-term fiscal challenges it might not be possible to provide relief for some without taxing others more.
But as the legislature’s tax-writing panel wraps its work this week, a wide range of proposals still hang in the balance.
The Finance, Revenue and Bonding Committee must by Thursday decide the fate of proposed tax hikes on digital media ads and health insurance carriers, along with a statewide property tax aimed at high-value homes.
Rising With The SALT Tide: The Legacy Of Tax Partner Carol Calkins forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.