Daily Tax Report: State

Puerto Rico to Pay $680,000 for Next Phase of Minimum Tax Plan

The Puerto Rico Treasury Department signed a three-month contract worth $680,000 with a consulting firm that brought in a former OECD official to develop a plan for implementing a 15% minimum tax on large multinational corporations.

Pennsylvania Justices Probe Fee, Tax Difference in Immunity Case

The Pennsylvania justices tried to tease out whether a borough’s stormwater charge is a fee for service or a tax from which a state university is immune at oral arguments Wednesday.

How House Democrats Are Readying for 2025 Tax Talks (Podcast)

Rep. Brad Schneider (D-Ill.) and his fellow House Democrats are getting behind-the-scenes briefings that started this summer to bone up on their tax policy knowledge ahead of what’s likely to become a big battle in 2025.

‘Suits’ Spinoff, Janis Joplin Biopic Earn California Tax Credits

The California Film Commission Tuesday awarded $51.6 million in tax credits to 18 movie productions, including a feature about the singer Janis Joplin and a reboot of the television legal drama “Suits.”

Illinois Fuel Tax Case Opens Door to More Expansive Tax Rules

Marathon Petroleum Co. will try to convince the Illinois Supreme Court at oral arguments Thursday to overturn a $15 million motor fuel tax bill and in the process urge the court to put the brakes on localities expanding their reach and taxing intangible assets.

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Wisconsin Lawmakers Back Catholic Charities in SCOTUS Tax Case

The Wisconsin Legislature and groups representing various religions urged the US Supreme Court in amicus briefs filed Thursday to take up Catholic Charities’ case challenging the state high court’s test for determining whether religious organizations qualify for tax benefits.

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Ex-Alaska Judge’s Potential Impeachment Moves to House (2)

The federal judiciary has sent the House a letter regarding a potential impeachment inquiry into former District Judge Joshua Kindred of Alaska, who resigned after being found to have committed sexual misconduct and lied to judicial investigators.

Tax Your Crypto and NFTs? Yes, the IRS Wants Its Cut

Cryptocurrency and NFTs continue to rise in popularity in the U.S., but many people are still confused about how they are taxed. In this video, a partner at Steptoe & Johnson who specializes in tax policy and cryptocurrency, lays out how different crypto transactions are taxed.

Tax Developments

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Oregon Department of Transportation Announces Newport Motor Vehicle Fuel Tax Increase

The Oregon Department of Transportation on Sept. 3 announced the City of Newport Motor Vehicle Fuel Tax increase to $0.05 per gallon, effective from Oct. 1, as per City of ...

Maryland Tax Department Corrects Date on Personal Property Assessment Notice Letters

The Maryland Department of Assessments and Taxation on Sept. 1 released an announcement correcting the date on the recently mailed Personal Property Estimated Assessment Notice letters from 2023 to 8/5/2024. ...

Alaska Legislature Passes Resolution to Prohibit Municipalities, State From Levying Taxes on Real Property Transfers

The Alaska Legislature Sept. 10 passed a resolution suspending the uniform rules concerning Senate Bill No. 179, prohibiting municipalities and the state from levying taxes on real property transfers and ...

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