TITLE

State of the States

AUTHOR(S)
Ertmer, Brian; Kallio-Mielke, Ruth
PUB. DATE
July 2007
SOURCE
Journal of State Taxation;Jul/Aug2007, Vol. 25 Issue 5, p15
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the enactment of New York State Budget provisions affecting businesses and individuals effective on July 1, 2007 and extended up to two years. The changes include, modification of combined reporting requirements, reduction in tax rates, acceleration of the single sales factor, elimination of deductions for the dividends received, gains from the sale of Real Estate Investment Trust (REIT) or regulated investment companies (RIC) and change in taxation of bank affiliates.
ACCESSION #
25687631

 

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