Final Details Being Hashed out on Tax Extenders Bill, House Lawmakers Say

House Ways and Means Committee Chairman Sander Levin (D-Mich.) shortened the time frame for consideration of a final tax extenders measure (H.R. 4213), telling reporters May 6 that it will be on the floor within…

California Governor Signs Bill Exempting Green Manufacturing Equipment from Tax

SACRAMENTO, Calif.—Gov. Arnold Schwarzenegger (R) signed a bill March 24 exempting purchases of equipment used to manufacture products that generate alternative energy from the state sales and use tax.

California Governor Signs Gasoline Tax Swap Bills After Democrats Send Tax Credit Bills

Gov. Arnold Schwarzenegger (R) dropped a veto threat March 22 and signed two bills swapping the current sales tax on gasoline for an indexed excise tax to close part of the budget deficit…

ANALYSIS: Colorado’s New Law (H.B. 1193): Is This Approach to E-Commerce Taxation the Solution That Cash-Strapped States Have Been Waiting For?

Colorado H.B. 1193, which imposes new reporting requirements on internet retailers, has generated considerable controversy in the state in the wake of Amazon.com’s decision to…

ANALYSIS: State Taxes in 2009: The Year in Review

KPMG’s review of state taxation in 2008 began with the quote, “It was the best of times, it was the worst of times …”; in contrast, 2009 generally was the worst of times—from start to finish…