News & Analysis as of

New Legislation Sales Tax State Taxes

Holland & Knight LLP

Florida's State Sales Tax on Real Property Commercial Leases to Decrease Effective June 1, 2024

Holland & Knight LLP on

The Florida Department of Revenue released Tax Information Publication (TIP) 24A01-02 on April 8, 2024, indicating that the state sales tax rate on the "total rent charged for renting, leasing, or granting a license to use...more

Holland & Knight LLP

Florida State Sales Tax on Commercial Real Property Leases Decreases on Dec. 1, 2023

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Florida Gov. Ron DeSantis signed House Bill (HB) 7063 into law on May 25, 2023, which provides short-term and long-term tax relief for Florida taxpayers. (See Holland & Knight's previous alert, "Florida Gov. Ron DeSantis...more

McDermott Will & Emery

Massachusetts Adopts Single-Sales-Factor Apportionment; Manufacturing Classification Becomes Less Controversial

McDermott Will & Emery on

On October 4, 2023, Massachusetts Governor Maura Healey signed House Bill 4104 into law. The most significant change it introduces is the adoption of single-sales-factor apportionment (SSF) for all corporate taxpayers, not...more

Holland & Knight LLP

Florida Gov. Ron DeSantis Signs 2023 Tax Bill into Law

Holland & Knight LLP on

Florida Gov. Ron DeSantis signed House Bill (HB) 7063 into law on May 25, 2023, providing short-term and long-term tax relief for Florida taxpayers. The legislation provides approximately $1.3 billion in tax breaks to Florida...more

Goodwin

A Mini-Green Wave? Two More States Legalize Adult-Use Cannabis

Goodwin on

Over the past month, both Delaware and Minnesota have legalized adult-use cannabis. They are the first two states to legalize in 2023 and represent the 22nd and 23rd states to allow for adult-use commercial cannabis markets. ...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2020 #3

Conversations in the halls throughout the State Capitol swung from pending legislation to planning for winter vacations as House and Senate leaders applied the brakes to the 2020 Legislative Session today....more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2018 #5

House members have begun working in earnest on the FY 2019 Budget with several Subcommittees of the House Appropriations Committee soliciting testimony on the Governor’s budget proposal. Meanwhile, the General Assembly awaits...more

Smith Anderson

Major Tax Legislation Enacted by the Short Session of the 2015-16 General Assembly

Smith Anderson on

This Alert summarizes the major tax provisions included in legislation passed by the 2015-2016 North Carolina General Assembly in its short session, which concluded earlier this month. The most widely discussed tax...more

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