Where’s the beef? Virginia Circuit Court allows Wendy’s to claim exception to addback for royalties paid to affiliate *

USA - April 17 2012
A new opportunity may exist for franchisors to claim an exception to Virginia’s royalty addback statute based on a recent Circuit Court decision.

Co-authors: Jeremy Abrams, Walter Nagel.

---

Taxpayer victory in South Carolina 'bifurcated' apportionment case *

USA - March 14 2012
The South Carolina Court of Appeals, in an opinion released today, ruled in favor of the taxpayer in CarMax Auto Superstores West Coast, Inc. v. South Carolina Department of Revenue, Opinion No. 4953 (March 14, 2012).

Co-authors: Alexandra P.E. Sampson.

---

Proposed D.C. combined reporting regulations to be published tomorrow *

USA - January 20 2012
On January 20, 2012, the Office of Tax and Revenue ("OTR") will publish its proposed combined reporting regulations.

Co-authors: Alexandra P.E. Sampson, Jeremy Abrams, Walter Nagel.

---

Fiscal year 2011 revenues exceed estimates *

USA - July 26 2011
On July 22, the Comptroller transmitted to Gov. Martin O'Malley and legislative leaders the revenues from June 2011 - the last month of the fiscal year.

Co-authors: Alexandra P.E. Sampson, Walter Nagel.

---

Maryland marcellus shale panel formed - potential tax implications? *

USA - July 26 2011
On July 19, the governor announced the members of the Marcellus Shale Advisory Commission-a panel formed to study the short-term and long-term effects of potential natural gas drilling in the Marcellus Shale in western Maryland.

Co-authors: Alexandra P.E. Sampson, Walter Nagel.

---