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Results: 1-10 of 40

Bill filed to replace franchise tax with business privilege tax

  • Williams Mullen
  • -
  • USA
  • -
  • March 27 2013

North Carolina's franchise tax has been criticized as complicated and difficult to understand. The taxpayer must make three separate computations in

Delivered by independent contractors, undelivered by P.L. 86-272: order fulfillment activities subject out-of-state seller to New York corporation franchise tax

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • March 27 2013

The New York State Department of Taxation and Finance ruled in an Advisory Opinion that a Virginia corporation was subject to New York corporation

Court refuses to certify customers as class because they failed to demonstrate they suffered the same injury

  • Gray Plant Mooty
  • -
  • USA
  • -
  • March 13 2013

In Martin v. JTH Tax, Inc. dba Liberty Tax Service, 2013 U.S. Dist. LEXIS 15512 (D.S.C. Feb. 5, 2013), the United States District Court for the

Delaware franchise tax frights

  • Davis Wright Tremaine LLP
  • -
  • USA
  • -
  • February 28 2013

I received the following email from a client the other morning: "Slight problem..my Delaware franchise tax report says I owe $45,000." For

Kentucky's long-standing intangible property tax method goes puff

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • February 21 2013

In a case pitting statutory language against a department of revenue's historical practice, the Kentucky Court of Appeals held that the "franchise"

Franchisors: don’t forget to file your New York annual sales tax information report

  • Armstrong Teasdale LLP
  • -
  • USA
  • -
  • February 19 2013

All franchisors that have at least one franchisee operating in New York State should be aware that they must file an annual information return next

Texas Supreme Court rejects equal and uniform arguments against the Texas franchise tax

  • Baker Botts LLP
  • -
  • USA
  • -
  • October 19 2012

Today, the Texas Supreme Court issued its much anticipated opinion in In Re Nestle USA, Inc., Relator

Court holds franchisees in contempt but finds franchisor failed to prove franchisees were violating noncompete

  • Gray Plant Mooty
  • -
  • USA
  • -
  • October 18 2012

In JTH Tax, Inc. v. Noor, 2012 U.S. Dist. LEXIS 138657 (E.D. Va. Sept. 26, 2012), the franchisor filed a motion for contempt against the terminated franchisees for violating a default judgment order that, in part, enjoined the franchisees from operating a tax preparation business in violation of the franchise agreement’s noncompete provision and required the franchisees to return certain information and materials belonging to the franchisor

California Court of Appeal orders rehearing in Gillette case

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • August 10 2012

Yesterday, on its own motion, the California Court of Appeal ordered a rehearing in The Gillette Company, et al. v. Franchise Tax Board and vacated its July 24 decision and opinion

Tennessee changes position on disregarded SMLLCs

  • Bradley Arant Boult Cummings LLP
  • -
  • USA
  • -
  • August 7 2012

Tennessee generally imposes franchise and excise taxes on all entities that provide limited liability protection and, therefore, does not follow federal tax law regarding the default classification of a singlemember limited liability company (SMLLC) being a disregarded entity