As part of a sweeping law change, New York will require taxpayers to use a water’s-edge combined reporting method when filing corporate income tax returns beginning January 1, 2015.
In this edition of A Pinch of SALT, Sutherland tax attorneys Carley A. Roberts, Pilar Mata, Stephanie Do and Kathryn E .Pittman explore California’s rich regulatory, administrative, and judicial 50-year history of combined reporting to identify ways in which New York can avoid some of California’s pitfalls, learn from California’s experience, and improve on its unitary experiences.
View the full article, reprinted from the September 29, 2014 issue of State Tax Notes.
In this edition of A Pinch of SALT, Sutherland tax attorneys Carley A. Roberts, Pilar Mata, Stephanie Do and Kathryn E .Pittman explore California’s rich regulatory, administrative, and judicial 50-year history of combined reporting to identify ways in which New York can avoid some of California’s pitfalls, learn from California’s experience, and improve on its unitary experiences.
View the full article, reprinted from the September 29, 2014 issue of State Tax Notes.