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Eversheds Sutherland (US) LLP

California Governor “May Revise” taxpayer apportionment win

On May 10, California Governor Gavin Newsom introduced his “May Revise” of the state budget. In addition to net operating loss deduction suspensions and tax credit usage limitations, one particularly concerning corporate...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Crossover Day Wrap-Up - March 2024

Legislators worked late into the night on Thursday to ensure legislation made the Crossover Day deadline. This #GoldDomeReport offers a recap of all the measures that passed out of the House and Senate and live on to seek...more

Sullivan & Worcester

LePage v. Mobile Infirmary Association: Alabama Wrongful Death of a Minor Statute Applies to Cryogenically Preserved Embryos

Sullivan & Worcester on

Carole M. Bass and Cara Koss co-authored this article. The authors have long raised as an issue the impact personhood legislation could have on assisted reproduction and, by extension, on estate and trust administration...more

Bradley Arant Boult Cummings LLP

Important Business Tax Legislation to Watch in the 2024 Alabama Regular Session

As we strive to do annually, here is a summary of the major items of business tax legislation that have been introduced or we expect to be introduced during the 2024 regular session, which began February 6. From a tax and...more

Brooks Pierce

Brooks Pierce Capital Dispatch: What Businesses Need to Know About the 2023 North Carolina Legislative Session

Brooks Pierce on

The North Carolina General Assembly left Raleigh on October 25 after enacting a biennial two-year budget and acting on bills on a variety of topics. Legislators are scheduled to return for next year’s session starting April...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Budget Bill to Become Law, Legislators Consider Other Bills

Brooks Pierce on

After weeks of negotiations, legislators on Friday passed the budget bill and sent it to Gov. Roy Cooper, who indicated he will let it become law without his signature. In addition, members this week acted on bills on a...more

Buckingham, Doolittle & Burroughs, LLC

OSBA Sales & Use Tax Subcommittee Highlights Recent Cases - September 2023

1. EXEMPTIONS - A. Equipment Used in Production of Crude Oil and Natural Gas: Stingray Pressure Pumping, LLC v. Harris, Slip Opinion No. 2023-Ohio-2598. Reversing the BTA, the Court determined five categories of...more

McDermott Will & Emery

New York Budget Legislation Contains Significant Tax Provisions

New York Governor Kathy Hochul and the New York State Legislature have reached an agreement on the state’s fiscal year 2024 budget legislation. Most surprisingly, the legislation grants the New York State Department of...more

Steptoe & Johnson PLLC

West Virginia Legislature Passes Bill Changing Oil and Gas Property Tax Valuation Methodology

Steptoe & Johnson PLLC on

On Friday, March 11, 2022, the West Virginia Legislature passed H.B. 4336, which changes the methodology the State Tax Commissioner utilizes for oil and gas property tax valuation. ...more

Bradley Arant Boult Cummings LLP

Two Important Alabama Tax Bills Cross the Finish Line Midway Through the 2022 Regular Session

The Alabama Legislature has now used 16 of its 30 legislative meeting days so far in the 2022 Regular Session. While the primary focus will be on passing the budgets for the next few weeks, the Legislature has already passed...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Updates From The NC General Assembly and Governor’s Office - June #4

Brooks Pierce on

This week, the Senate passed its version of the budget bill and Legislators agreed on an unemployment bill. Senate Budget Bill - The Senate this week passed its version of the biennial budget bill (S 105). The bill now...more

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