Understanding states’ various approaches to accountant-client privileges can make the difference in protecting communications from disclosure in litigation. In this edition of A Pinch of SALT, Sutherland SALT’s Pilar Mata and Melissa Smith examine the scope and breadth of accountant-client privileges that have been adopted by some states.
Louisiana
Waiving the Baton: Louisiana Court of Appeal Rules No Nexus for Passive Limited Partner
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Posted in Noteworthy Cases
The Louisiana Court of Appeal recently ruled that a corporation’s passive ownership interest in a limited partnership doing business in Louisiana is not sufficient to create Louisiana corporate franchise tax nexus. Utelcom, Inc. v. Bridges, Dkt. No. 535,407 (Division “D”, Ct. App., First Dist., Sept. 12, 2011). The court held that because capital contributed to…
Details, Details, Details: It’s All About the Procedures
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Posted in Policy and Legislation
In the tax world, we are frequently reminded that procedure is important. The Alabama Supreme Court drove this point home in its decision dismissing a $1 million local use tax assessment because the final assessment was signature stamped rather than being signed by hand. City of Huntsville v. Colsa Corp., No. 1091797, 2011…