Our previous Client Alert discussed assessable transfers of interest or “ATIs” and Fee in Lieu of Tax “FILOT” Agreements in the aftermath of significant amendments to South Carolina’s Tax Code in 2022. As discussed...more
When South Carolina properties are sold directly, or indirectly via the sale of equity in the property-owning entity, the sale typically qualifies as an assessable transfer of interest or an “ATI.” An ATI allows County tax...more
Starting a business in the United States can open doors for massive opportunity and success. Along the way, however, businesses will encounter a number of legal and regulatory hurdles.
This “Guide to Starting Business in...more
On May 4, 2020, North Carolina Governor Roy Cooper signed into law two bills providing important COVID-19 relief to North Carolinians, after the North Carolina General Assembly passed the bills unanimously. The relief package...more
Executive Summary -
After Wayfair, unless Congress intervenes:
The physical presence sales tax taxability standard is now gone - at least under circumstances like those presented by South Dakota’s situation.
Income...more
9/7/2018
/ Appeals ,
Bright-Line Rule ,
Commerce Clause ,
Constitutional Challenges ,
Internet Retailers ,
Interstate Commerce ,
Out-of-State Companies ,
Physical Presence Test ,
Quill ,
Reversal ,
Sales & Use Tax ,
SCOTUS ,
South Dakota v. Wayfair ,
Substantial Nexus