Alston & Bird LLP | USA | 6 Nov 2014
On November 3, the Arm’s-Length Adjustment Service (ALAS) Advisory Group of the Multistate Tax Commission (MTC) tentatively approved a project design…
Alston & Bird LLP | USA | 15 Oct 2014
On October 6 and 7, the Arm’s-Length Adjustment Service (ALAS) Advisory Group of the Multistate Tax Commission (MTC) held a meeting to further refine…
Alston & Bird LLP | USA | 4 Sep 2014
On June 27, the United States Court of Appeals for the D.C. Circuit issued an important decision in In re Kellogg Brown & Root, Inc., 14-5055, 2014…
Alston & Bird LLP | USA | 16 Jun 2014
In the first published decision from an administrative appeal under the Delaware Escheats Law, the independent reviewer rejected the holder's…
Alston & Bird LLP | USA | 6 May 2014
Last week, in a closely watched class action case—Loeffler v. Target Corporation—involving a claim for a refund of allegedly improperly collected…
Alston & Bird LLP | USA | 24 Apr 2014
Several tax and business organizations filed amicus curiae briefs with the United States Supreme Court in support of the Petition for a Writ of…
Alston & Bird LLP | USA | 17 Apr 2014
Unclaimed property laws do not apply to all holders and property types in a uniform way, despite the Uniform Law Commission’s sustained efforts to…
Alston & Bird LLP | USA | 10 Mar 2014
On February 21-22, 2014, the Uniform Law Commission's (ULC) Drafting Committee assigned to engage in a rewrite of the 1995 Uniform Unclaimed Property…
Alston & Bird LLP | USA | 20 Mar 2013
All 50 states and the District of Columbia have enacted, and enforce, laws providing for the reporting and remittance of unclaimed property. Over the…
Alston & Bird LLP | USA | 29 Nov 2012
On July 11, 2012, Delaware Governor Jack Markell signed Senate Bill 258 (S. 258) into law, thereby granting the Secretary of State (as opposed to the State Escheator) a limited three-year window to enter into voluntary disclosure agreements (VDAs) with holders of unclaimed property (the “New VDA Program”).