Journal of State Taxation articles from July 2007

Journal of State Taxation archives from July 2007

BarnesandNoble.com: Federal Court's nexus analysis reflects practical business realities.
July 1, 2007... Introduction State taxing authorities have never much liked Quill and its "bright-line" physical presence rule. Even more vexing for some tax administrators seems to be the fact that Quill's rule, along with fundamental concepts of...

Sales factor of a combined unitary group: the Disney case.
July 1, 2007... Background UDITPA [section] 16(a) provides that for purposes of computing the sales factor, sales of tangible personal property, other than sales to the U.S. government, are attributed to the state in which the property is "delivered or...

The frustrating state business purpose audit.
July 1, 2007... Overview I am probably not alone in my frustration with many of the audit techniques being employed by state auditors. Now don't get me wrong, I am all for a state enforcing its laws and assuring that taxpayers are in compliance therewith....

Enacted New York state budget contains significant changes in tax laws affecting businesses and individuals.
July 1, 2007... Overview On April 9, 2007, New York State Governor Eliot Spitzer signed S. 2110-C, the revenue portion of the New York State budget (Chapter 60 of the Laws of 2007). The new law contains several significant changes in tax laws affecting...

Tax appeals and net leased properties: Bruce Stavitsky discusses recent court decisions in property tax litigation that concern net leased properties.
July 1, 2007... What Is Real Property? Real property has been defined as including "all interests, benefits, and rights inherent in the ownership of physical real estate." Real estate is defined as the "physical land and appurtenances affixed to the land...

Taxing the Internet: analyzing the states' plan to derive online sales revenue: Eric Menhart discusses states' efforts to collect taxes on Internet transactions and suggests how they may achieve their goal.
July 1, 2007... Introduction On a typical day, millions of consumers engage in online transactions as varied as purchasing books to downloading music to printing out movie tickets. In addition to being a convenient way to order and compare prices, online...

The slow death of state tax arbitrage: Lawrence Bajor examines the current use of Delaware holding companies in state tax-planning.
July 1, 2007... Where Do Publicly Traded Companies Place Their Corporate Domiciles? A search of the 2006 Standard and Poor's Compustat active list, which contains all of the actively traded public companies, reveals that the vast majority of these firms...