In case you missed them, the following is a summary of a few key state tax developments, news articles, and observations during the past week:
- Still Alive and Kickin’: “Cost of Performance” Sourcing for Sales - While many states are moving away from the cost of performance approach in favor of marketplace sourcing, cost of performance is still alive and kickin’. Re-discover some of the benefits and considerations of using cost of performance and examine whether an opportunity still exists to take advantage. Read entire SALT To Taste article here.
- The Marketplace Equity Act was introduced to Congress this week. This new online sales tax collection bill differs from the Mainstreet Fairness Act in many ways – from the Tax Foundation Tax Policy Blog
- eBay Voices Disapproval of Current Internet Sales Tax Bills – from eBay’s public policy blog
- The New York Department of Taxation and Finance will eliminate 37 of its 42 in-house legal counsel positions (no, that’s not a typo – this will have major ramifications in a lot of areas) – from timesunion.com
- How will the IRS amnesty program to convert independent contractors to employees affect the state treatment? Article from Forbes
- Harrisburg, Pennsylvania Files for Bankruptcy – from Businessweek
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