This week we look at the following developments:
- Supreme Court will shortly hear oral arguments in Wayfair case
- A number of states increase pressure on out of state sellers
- Idaho requires collection at $10,000 of sale from any seller that the Supreme Court doesn’t tell us lacks nexus in Wayfair
- Georgia adds a $200,000/200 transaction tattletale statute
- Oklahoma puts a $10,000 tattletale statute in place that also impacts referrers
- New York passes two TJCA SALT limitation workaround statutes - but do they work?
- IRS issues guidance on three TCJA topics on Monday, including 43 pages on Section 965 transition tax
Copyright 2018, Kaplan, Inc.
