Friday, January 20, 2012

State Tax Alerts - This Week's Stories Worth a Second Look

Rusty Little

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:

U.S. Court of Appeals for the Third Circuit Affirms District Court of New Jersey's Orders - On January 5, 2012, the U.S. Court of Appeals for the Third Circuit (“Third Circuit”) affirmed the District Court of New Jersey’s (“District Court”) grant of preliminary injunction with respect to the retroactive enforcement of Chapter 25 (as it relates to stored value cards) and the prospective enforcement of the place-of-purchase presumption and the accompanying Treasury Guidance. Read more HERE

A few more states have introduced online sales tax/click-through nexus legislation:
  • Georgia – click HERE
  • Hawaii – click HERE
  • Minnesota – click HERE

Two more states have recently addressed the sales tax ramifications of Groupon-type deals:
  • Kentucky – click HERE
  • Maine (see bottom of page 4) – click HERE
(Note - both Kentucky and Maine treat these deals correctly, unlike the other states discussed HERE)

It has been relatively quiet in the area federal online sales tax legislation, but here is the text of each piece of the currently proposed online sales tax legislation for your reference in the meantime.

Many states have various tax proposals in front of their Legislatures right now, so stay tuned . . .

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