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What organizations, lawmakers and lobbyists are saying about the NY legislature's budgets

The State Senate and Assembly released their One-House Budgets on Tuesday, providing some parallels, and some counter proposals. ....

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Maryland Tax Updates - January 2024 | Venable LLP

Tax Court Modifies Rushmore Method for Hotel Valuation. The Maryland Tax Court recently modified the traditional Rushmore income approach used to determine the fair market value (FMV). ....

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State Tax Policy Trends To Watch In 2024

Stephanie Do of the Council On State Taxation discusses key state tax policy topics that are likely to see action in 2024, including the expiration of Tax Cuts and Jobs Act provisions. ....

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Maryland's Digital Advertising Gross Revenues Tax Not Dead (Yet) | Insights

The Supreme Court of Maryland's remand of this case to the Circuit Court for Anne Arundel County with directions to dismiss will require companies whose services meet the broad definition of “digital advertising services” to take steps to determine whether they will be subject to the tax’s various filing requirements. ....

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Maryland's High Court Hands the State a Big Win in its Digital Ad Tax Dispute, More Challenges to Follow | Akerman LLP - SALT Insights

Last fall, when a Maryland County Circuit Court held that the Maryland Digital Ad Tax violated the dormant commerce clause, the supremacy clause, the Internet Tax Freedom Act, and the. ....

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