Journal of State Taxation articles from March 2004

Journal of State Taxation archives from March 2004

Should personal property taxes continue to be imposed?
March 22, 2004... INTRODUCTION Many debates exist over the continued imposition of personal property taxes. Currently forty-three states and the District of Columbia levy personal property taxes. (1) However, according to data collected by the US Census...

The effect of the Reck decision on the New Jersey definition of partnership income.
March 22, 2004... Under New Jersey's Gross Income Tax, taxpayers pay tax on certain categories, or baskets, of income. (1) One of those categories is "distributive share of partnership income." (2) Unfortunately, that term is not defined in the statutes. (3)...

Taxing Internet sales - the meter is running.
March 22, 2004... INTRODUCTION Until recently, remote purchasing was largely restricted to catalog or mail order sales. Businesses, consumers, and governments were willing to live with imperfections in the system because these sales were not of sufficient...

The lawmaker's guide to nexus.(part 1)
March 22, 2004... INTRODUCTION The Commerce Clause prohibits states from imposing tax obligations on an out-of-state business unless the business has a "substantial nexus" with the taxing state. "Substantial nexus" is a term of art in the world of state...

2003 California tax law developments.
March 22, 2004... The 2003 California Legislative Session, which concluded in the early morning hours of September 13, produced a modest number of tax law changes of interest to taxpayers and practitioners. Nonetheless, there were a myriad of individual...

Electronic commerce: the taxing effect of not assessing Internet sales.
March 22, 2004... States indicated budget deficits as small as $125 million (North Carolina) and as large as $8 billion (California), totaling more than $85 billion, at the roundtable discussion sponsored by the National League of Cities (NLC) in Washington...