close
Share with your friends

KPMG reports: Louisiana, New Jersey

KPMG reports: Louisiana, New Jersey

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.

1000

Related content

  • Louisiana: A state appellate court held that an out-of-state production company lacked personal jurisdiction with Louisiana and therefore could not be sued in Louisiana courts for non-payment of corporate income and franchise taxes. In reaching this conclusion, the court observed that the company had zero contacts with Louisiana aside from the activities of unrelated third parties that licensed a game show and intangible associated with the show. The court concluded that the “random, fortuitous, and attenuated contacts with Louisiana, that were initiated by the independent activities of third parties, were simply not sufficient to establish personal jurisdiction” over the company in Louisiana. Read an October 2020 report

  • New Jersey: Two technical corrections bills were reported from the legislative committee with amendments. The technical corrections generally relate to corporation business tax (CBT) law changes enacted in 2018 (measures that were effective for privilege periods ending on or after July 31, 2019, including the implementation of unitary combined reporting).  If enacted, the bills would make clarifying and procedural changes, as well as certain substantive changes, to the CBT law. Read an October 2020 report

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal