New Jersey – Intangible Asset Voluntary Disclosure Opportunity

SALT Report 1734 – The New Jersey Division of Taxation is offering a limited voluntary disclosure program for companies that have nexus with New Jersey as a result of income derived from the use of intangible assets in the state. The voluntary dis… Continue reading New Jersey – Intangible Asset Voluntary Disclosure Opportunity

New York – Updated Voluntary Disclosure Publication

SALT Report 1733 – The New York Department of Taxation has updated its publication regarding the state’s voluntary disclosure program. The publication will help individuals and businesses with state tax liabilities from prior years fulfill their t… Continue reading New York – Updated Voluntary Disclosure Publication

New Jersey – Taxability of Commercial Gas

SALT Report 1732 – The New Jersey Division of Taxation issued guidance regarding the taxability of sales of commercial gases. The Sales and Use Tax Act imposes tax on sales of tangible personal property and “gases” are included in the definition o… Continue reading New Jersey – Taxability of Commercial Gas

Delaware – Failure to Pay Tax Will Result in Suspension of Licenses

SALT Report 1731 – The Delaware State Legislature passed a bill that allows the Division of Revenue to suspend the professional license of any taxpayer who fails to pay their outstanding tax liabilities. The Division estimates that professional li… Continue reading Delaware – Failure to Pay Tax Will Result in Suspension of Licenses

Kentucky – Amnesty Program Details

SALT Report 1730 – The Kentucky Finance and Administration Cabinet released more details regarding the state’s tax amnesty program. The amnesty program will run from October 1, 2012 through November 30, 2012 and is limited to the taxable periods o… Continue reading Kentucky – Amnesty Program Details