Since 2001, Georgia has provided a sales and use tax exemption for high-technology companies that invest at least $15 million in eligible computer equipment (including hardware and software) in a calendar year. O.C.G.A. § 48-8-3(68). During the 2021 legislative session, the Georgia General Assembly passed SB 6, which included significant changes the High-Tech Exemption.
Tax Policy
Reviewing state government revenues with Lucy Dadayan of the Urban Institute
By Nikki Dobay on
Posted in Podcast
Happy New Year from the SALT Shaker Podcast!
In the first episode of the 2022 SALT Shaker Podcast focused on policy issues, host and Eversheds Sutherland Partner Nikki Dobay welcomes Lucy Dadayan, senior research associate with the Urban-Brookings Tax Policy Center at the Urban Institute, where she is leading the State Tax and Economic…
California governor releases proposed state budget, including restoration of currently suspended NOLs and limited tax credits
By Nikki Dobay, Timothy Gustafson & Annie Rothschild on
Posted in California, Policy and Legislation
On January 10, California Governor Gavin Newsom issued his proposed budget for the upcoming fiscal year. Of interest to business taxpayers, the proposal would allow taxpayers to again fully utilize business tax credits, like the R&D credit, and net operating loss deductions in 2022. For tax years 2020 to 2022, AB 85 (enacted in 2020),…
California ACA 11 proposes significant corporate and personal income tax hikes to fund state single-payer healthcare system
By Timothy Gustafson, Nikki Dobay & Annie Rothschild on
Posted in California, Policy and Legislation
On January 5, members of the California Assembly introduced Assembly Constitutional Amendment (ACA) 11. The bill would impose both a new excise tax and a new payroll tax, and increase personal income tax rates to fund universal single-payer health care coverage and a health care cost control system for state residents. These new taxes…
New York’s Governor Hochul rejects flawed False Claims Act expansion
By Nikki Dobay, Michael Hilkin & Cyavash Ahmadi on
Posted in New York, Policy and Legislation
On New Year’s Eve 2021, New York’s Governor Hochul vetoed Senate Bill S. 4730, delivering a win to taxpayers. The bill as passed by the New York Legislature earlier this year proposed to expand New York’s already overreaching False Claims Act (FCA).
Most states have a false claims act that is modeled after the federal…
A recap of the top 10 SALT policy issues in 2021
By Nikki Dobay on
Posted in Podcast, Policy and Legislation
In this episode of the SALT Shaker Podcast policy series, host and Eversheds Sutherland Partner Nikki Dobay welcomes back Doug Lindholm, President and Executive Director of the Council On State Taxation (COST) and Morgan Scarboro, Manager of Tax Policy and Economics at MultiState.
Together, they discuss the top SALT policy issues of…
Corporate tax disclosures – are they in or out?
By Nikki Dobay on
Posted in Podcast, Policy and Legislation
In this episode of the SALT Shaker Podcast policy series, host and Eversheds Sutherland Partner Nikki Dobay welcomes back Jeff Newgard, Principal and Owner of Peak Policy, as well as Stephanie Do, Senior Tax Counsel for the Council On State Taxation (COST).
They team up with Nikki to discuss the intricacies of corporate…
Digital ad tax proposal introduced in Massachusetts
By Jonathan Feldman, Alla Raykin & Jeremy Gove on
Posted in Digital Economy, Policy and Legislation
A Massachusetts representative has introduced House Bill 4179, a proposed 6.25% excise tax on gross revenue from digital advertising provided within Massachusetts. Following its introduction, House Bill 4179 was referred to the Legislature’s Joint Committee on Revenue for review. The bill proposes to tax revenue sourced to Massachusetts arising from banner advertisements, search engine…
Catching up with CalTax – part II
By Nikki Dobay on
In this episode of the SALT Shaker Podcast policy series, host and Eversheds Sutherland Partner Nikki Dobay is joined again by Rob Gutierrez, President and CEO of the California Taxpayers Association (CalTax) for round two of their discussion. Catch up on part one here.
Rob updates Nikki on the final days of California’s…
California implements marketplace facilitator fee collection
By Jonathan Feldman, Jeremy Gove & Alla Raykin on
On September 30, California Governor Gavin Newsom signed AB 1402, which amends California’s sales and use tax law to require marketplace facilitators to register, collect, and remit certain fees on the retail sale of various items of tangible personal property sold in California. Under current law, a marketplace facilitator that facilitates the retail sale…