On November 5, the Uniformity Committee of the Multistate Tax Commission (MTC) met virtually—the first of its 2020 Fall Committee Meetings that will be held virtually throughout the month. The Eversheds Sutherland SALT group attended this meeting, where updates were provided on uniformity efforts, the RAR/partnership model and new projects, and approximately 20 states provided updates during the state roundtable.
The Committee MTC staff provided a few minor updates on the uniformity front, noting that the MTC was closely following the OECD’s Pillar One and Pillar Two Blueprints based on the OECD’s reliance on state-like sourcing and nexus rules. The OECD sourcing rules have some similarities with the approach taken by the MTC’s model apportionment regulations.
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