ARTICLES | SALT INSIGHTS

SALT INSIGHTS are articles written by SimekScott to provide in depth reporting on emerging state and local tax developments that may have a significant impact on your business.

 
 

Wayfair Update - New York Responds - January 21, 2019

The New York Department of Taxation and Finance ("Department of Taxation and Finance") has issued an Important Notice ("N-Notice") in response to the U.S. Supreme Court's June 2018 decision in South Dakota v. Wayfair ("Wayfair"), which abandoned the physical presence requirement for imposing sales tax collection responsibilities on remote sellers.  The Department of Taxation and Finance has stated that as a result of the decision in Wayfair, “certain existing provisions in the New York State Tax Law that define a sales tax vendor immediately became effective.” Read More...

State Tax Implications of Cannabis - January 10, 2019

Currently, 46 states have laws permitting or decriminalizing cannabis or cannabis-based products for medical use.  And 9 states: Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, Washington and the District of Columbia, have legalized recreational cannabis.  As states continue to legalize cannabis and the growing, production and use of cannabis increases, taxation of cannabis is ever more murky, particularly as it relates to the interplay between federal and state taxation.   Read More...

VIDEOS | SALT DASH™

SALT DASH is a monthly video series produced by SimekScott which provides a summary report on state and local tax developments to help you stay up to date on issues that may affect your business.
 

SNAPSHOTS | SALT SHOTS™

SALT SHOTS is a periodic compendium of relevant state and local tax highlights on adjustments to state income tax rate, sales tax rate, and penalty rates as well as other compliance information.