TWIST Archived Transcripts

TWIST podcasts are produced weekly. You can listen to them via your MP3 player or computer. Previous episodes of TWIST that you may have missed can also be accessed through our media player.

Below for your convenience is an archive of recent transcripts of TWIST episodes. For transcripts of earlier podcasts, please contact us.

Week of March 14, 2011

• Arizona - State Supreme Court Holds Monitoring Services to Be Interstate Telecommunications Services
• Illinois - Click-Through Nexus Legislation Signed by Governor
• Massachusetts - Sales of Online Services Not Taxable Where the Object of the Transaction is Simply to Obtain Information
• Texas - Comptroller Addresses Sourcing of Social Networking Website User Fees and Advertising Receipts
• Virginia - Gross Receipts from Financial Services Must be Apportioned Among Locations that Contributed to Generation of Receipts

Week of March 7, 2011

• New Jersey - Guidance Issued on Required Addback of Related-Party Interest Expense
• New York/Virginia - If You Want to 'Come Out and Play,' You Gotta Keep 'Em Separately Stated
• Texas - Litigation Support Services Provided Over the Internet Qualified as Taxable Data Processing
• Multistate - MTC Releases Draft Sales and Use Tax Notice and Reporting Act 

Week of Feb. 28, 2011

• Idaho - Newly-Enacted Legislation Makes Changes to Partnership Rules
• Massachusetts - Draft Technical Information Release Issued on Application of Treaty Exemption
• Michigan - Sales Not Covered by Direct Pay Permit; Taxpayer Liable for Sales Tax on Cleaning Supplies
• Spain - Ruling Issued Addressing Tax Point Rules for Supplies

Week of Feb. 21, 2011

• Arizona - Corporate Tax Changes Sent to Governor
• California - Governor Proposes Elimination of Enterprise Zone Tax Credit
• Connecticut - Governor Budget Plan Announced, Includes $1.5 Billion in Increased Taxes
• Louisiana - Department Issues Frequently Asked Questions on Temporary Suspension of Digital Transactions
• Washington - No Deal for Coupon Advertisers

Week of Feb. 14, 2011

• Missouri - State High Court Holds That Granite Slabs Qualify for Manufacturing Exemption 
• New Jersey - Division of Taxation Offers Proposed Amendment to Corporation Business Tax Regulations
• New York - Shipping Supplies and Software Did Not Qualify as Exempt Promotional Materials
• Virginia- General Assembly Approves R&D Credit Legislation
• Puerto Rico - Treasury Attempts to Facilitate Sales Tax Compliance Via Lottery Ticket Receipts 

Week of Feb. 7, 2011

• California - Superior Court Addresses Receipts From Licensing Software; Gross v. Net; Inclusion of Intangibles in the Property Factor; and Post-Amnesty Penalties
• Indiana - Warehousing and Freight Business Strikes Out on Exemptions
• Massachusetts - Appellate Tax Board Applies Expense Disallowance Statutes
• Michigan - Appeals Court Addresses Revenue Miles Apportionment Formula
• Wisconsin - Governor Signs Income Tax Credit for Relocated Businesses

Week of Jan. 31, 2011

• Arkansas - Department Offering Taxpayers One-Time Opportunity to Pay Unreported Use Tax
• Illinois - Appellate Court Strikes Down $31 Billion "Illinois Jobs Now!" Legislation
• Massachusetts - Guidance Released on Limited Allowance for Withdrawal of Combined Report Election
• New Jersey - State Addback Not Required for Extraterritorial Income Deducted for Federal Tax Purposes
• New York - State Senate Approves Tax Credit for Job Creation
• Texas - Property Transferred to Consumer as Part of a Tax Exempt Service Qualifies for Sale-for-Resale Exemption
• Washington - Out-of-State Business Had Nexus Based on Periodic Visits of Sales Force

Week of Jan. 24, 2011

• New Jersey - Department Issues Nexus Guidance
• New Jersey - Tax Court Permits Taxpayer to Seek Declaratory Relief
• South Carolina - State High Court Affirms Assessment Against Online Hotel Facilitator
• Texas - Administrative Law Judge Holds That Lease Management Services Were Taxable as Data Processing

Week of Jan. 17, 2011

• California - Disregarded Entities "Doing Business" in the State
• California - FTB Will Not Address Validity of IRC Conformity Bill
• Illinois - Income Tax Hikes for Illinois Taxpayers
• Kentucky - Legislature Considers Extending Sales Tax to Services
• Kentucky - Sales and Use Tax Applied to Software as Tangible Personal Property
• North Carolina - Court Upholds Forced Combination of Affiliated Entities, But Rejects Imposition of Negligence Penalty
• Virginia - Legislators Propose Closing Corporate Tax Loophole

Week of Jan. 10, 2011

• California - Newly Identified Listed Transactions
• Illinois - Click-Through Nexus Legislation Headed to Governor
• Indiana - Company Properly Excluded Income of Out-of-State Reinsurance Companies From Income Tax Return
• Indiana - You've Got Mail, But No Use Tax on Promotional Materials in Indiana
• Iowa - Physical Presence Not Required to Establish Nexus for Out-of-State LLC
• New Jersey - Legislature Passes Single-Sales Factor Apportionment
• Ohio - State Supreme Court Upholds Sales Tax on Satellite TV Providers

Week of Dec. 20, 2010

• California - Sometimes a Penalty Is Just a Penalty - a Constitutional One, at That
• New York - Satellite Equipment Not Eligible for Resale Exemption
• Washington - Temporary Penalty and Interest Waiver Program for Certain Taxes
• India - Likely Delay in the Implementation of the Proposed Goods and Services Tax

Week of Dec. 13, 2010

• Alaska - Taxpayer Must Recalculate Depreciation Deduction Based on Alaska Rules, Sales Between Partner and Partnership Were Intercompany Sales Excluded from Sales Factor
• Louisiana - Sales and Use Tax Did Not Apply to Shipping Raw Materials
• Massachusetts - Draft Directive Addressing Taxation of Bundled Cellular Phone Sales Released
• New York - Department Determines Killing Germs Is Cosmetic

Week of Dec. 6, 2010

• Louisiana - Temporary Suspension on Policy Statements Pertaining to Digital Transactions
• Michigan - Notice Regarding MBT Treatment of Federally Disregarded Entities Reissued; Amended MBT Returns Due by June 30, 2011 to Avoid Penalties
• Minnesota - The Michigan Business Tax Is Partially a Tax Based on Net-Income
• Virginia - Corporate Income Tax Study Draft

Week of Nov. 22, 2010

• Maryland - Out-of-State, Unitary Holding Companies Have Substantial Nexus
• Pennsylvania - Web-based Services Not Taxable
• Tennessee - Taxpayer Not Part of Affiliated Group for Franchise Tax Purposes
• Multistate - Internal Revenue Service Advisory Council Recommends States Accept Electronically Submitted Form 8850s
• China - Revised Processing Trade Regulations

Week of Nov. 15, 2010

• California - FTB Can Apply Alternative Apportionment Formula to Limit Inclusion of Gross Receipts
• California - Proposition 26 Expands Revenue Proposals Requiring Two-Thirds Approval
• Missouri - Taxability of Hospital Beds Put to Rest
• Texas - Comptroller Issues Guidance on Passing Through Margin Tax
• Washington - Online Searchable Databases Subject to Sales Tax