In an opinion released today, the Pennsylvania Supreme Court found the Commonwealth’s 2007 net loss carryover cap scheme–which limited the amount of loss a taxpayer cold carry over to 12.5% or $3 million, whichever was greater–unconstitutional. Nextel Communications of the Mid-Atlantic, Inc. v. Commonwealth of Pennsylvania, No. 6 EAP 2016 (October 18, 2017). The
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Pennsylvania Revenue Package Update–Increase in Hotel Tax Now Possible
By Randy Varner & Kathleen Duffy Bruder on
Posted in Uncategorized
We are writing to update you on the status of budget negotiations in the Pennsylvania General Assembly that no longer includes the potential storage tax that we wrote about earlier this week but does include a new hotel tax. The idea of a hotel tax developed rapidly from closed door negotiations and caught the hotel …
URGENT ALERT! Broad Sales and Use Tax on Storage Now a Possibility in Pennsylvania!
By Randy Varner & Kathleen Duffy Bruder on
Posted in Uncategorized
Urgent Alert from the McNees Wallace and Nurick Government Relations and State and Local Tax Groups
The Pennsylvania General Assembly continues to battle over revenue sources while the state remains without a complete state budget. And when it seems impossible, things actually continue to worsen with the House and Senate scheduled sessions to begin this…
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By Randy Varner on
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The McNees State and Local Tax team regularly posts timely and important Pennsylvania tax information on Twitter. Please give us a follow!
Randy L. Varner @RandyLVarner
Sharon R. Paxton @SharonPaxton7
Paul R. Morcom @MorcomPASALT