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Massachusetts (corporate nexus); San Francisco (tax credit, homelessness gross receipts)

KPMG reports: Massachusetts, San Francisco

KPMG’s This Week in State Tax—produced weekly by KPMG’s State and Local Tax practice—focuses on recent state and local tax developments.


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  • Massachusetts: The Department of Revenue proposed amendments to a regulation that addresses the circumstances under which corporations are subject to Massachusetts corporate excise tax. The regulation provides examples such as contacts and other incidents that will typically subject a corporation to Massachusetts’ taxing jurisdiction including, but not limited to: (1) owning or using property in the state; (2) having employees or representatives in the state; or (3) owning or using intangible property in the state.


  • San Francisco: A new ordinance in San Francisco, California, adopts a non-refundable tax credit that can be applied against the “City Homelessness Gross Receipts Tax” equal to 10% of a person or a combined group’s tax liability for the year. The tax credit is available for the 2019 tax year, and to qualify for the credit, the taxpayer must enter into a binding agreement with the city whereby the taxpayer waives its right to a refund of tax payments if the Homelessness Gross Receipts Tax is later determined to be invalid because it required a 2/3 vote to pass, rather than a simple majority vote. The tax credit agreement must be entered into before the taxpayer files its original annual tax return.

Read more at KPMG's This Week in State Tax

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