News & Information
Tax Notes – States Article on the Briefing Book
The article from Tax Notes – State, here, speaks to the MTC Briefing Book on new federal rules on NCTI and international business income (see below). MTC Briefing Book Highlights Foreign Income Conformity Trapsy (PDF) article, originally published in the May 21,...
Changes in Federal Taxation of Multinational Corporate Groups
Staff of the MTC have prepared this briefing book to update our members on changes to the federal tax system affecting how multinational income is treated. The purpose of this briefing book is to provide background information on the interplay of the state and...
H.R. 8021: More Preemption of State Taxing Authority
The recent United States Budget Reconciliation bill included language that modifies the provisions of P.L. 86-272, the 1959 federal statute that prohibits states from imposing income taxes on out-of-state business if their only activity in a state is soliciting the...
Commercial Domicile: The Crumbling Pillar of Corporate Income Taxation
In the case of certain nonbusiness income, courts and legislatures have long assigned taxing rights to a multistate business’s state of commercial domicile. In this recent article published in Tax Notes State, MTC Senior Counsel Brian Hamer explains that in the...
Commission Files Brief in Cruise Lines International Association, Inc. Case
The MTC has filed a brief in the case of Cruise Lines International Association, Inc., v. Suganuma concerning whether federal courts may assert jurisdiction over a state tax matter where the claim by the taxpayer is barred under the federal Tax Injunction Act, but...
TCJA Effects on State Taxes
In this article recently published in Tax Notes State, MTC Senior Counsel Bruce Fort argues that the states need to re-evaluate their policies regarding conformity to the TCJA to ensure that domestic and multinational companies are being taxed on an equal basis....
MTC Letter to California OTA on Microsoft Case
On May 23, 2024, MTC Executive Director Greg Matson submitted a letter asking the OTA not to make their ruling precedential and explaining that the MTC agrees with the FTB that the result does not fairly reflect California’s share of Microsoft’s income. View...
Glenn Hegar, Comptroller of Public Accounts of the State of Texas v. Texas Entertainment Association, Inc.
On April 15, the MTC filed an amicus brief on petition for certiorari in the United States Supreme Court in the case of Glenn Hegar, Comptroller of Public Accounts of the State of Texas v. Texas Entertainment Association, Inc. The issue in the case is how to...
VAS Holdings v. Commonwealth
Bruce Fort is Senior Counsel to the Multistate Tax Commission. The views expressed herein are his and those of his legal colleagues at the MTC. They do not necessarily reflect the views of the Multistate Tax Commission or its member states. Would-Be Privateers...
Quad Graphics, Inc. v. North Carolina Department of Revenue
The Multistate Tax Commission has filed an amicus brief in support of the North Carolina Department of Revenue’s appeal to the North Carolina Supreme Court in Quad Graphics, Inc. v. North Carolina Department of Revenue , Docket No. 407A21, of the North Carolina...
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