On February 6, 2025, Rhode Island lawmakers heard testimony about Rhode Island Governor Daniel McKeeâs proposed Digital Advertising Gross Revenue Tax (âRI Ad Taxâ).  If enacted, the RI Ad Tax, which is included in Governor McKeeâs proposed 2026 budget released last month (HB 5076), would be the second of its kind in the U.S. after Marylandâs digital advertising tax. Marylandâs digital advertising tax has been embroiled in litigation since its enactment and we expect the…
As part of the New York Budget Legislation (âS.B. 4009 / A.B. 3009â),  the Commissioner of the New York State Department of Taxation and Finance (âCommissionerâ) will be given the right to appeal certain types of decisions from the New York State Tax Appeals Tribunal (âTribunalâ). Currently, only taxpayers have the right to appeal Tribunal decisions.  This provision is on the cusp of becoming law after clearing both legislative chambers on May 1, 2023. As…
On March 9, 2022, the New Jersey legislature unanimously passed, and New Jersey Governor Philip D. Murphy signed, Senate Bill No. 1889 (âSB 1889â), which, among other limitations, prohibits entities with certain ties to Russia or Belarus from benefitting from New Jersey state and local economic development incentives, including certain state and local tax incentives. While several other statesâ pension funds have moved to divest themselves of Russian financial holdings, SB 1889âwhich was swiftly introduced…
The Supreme Court has denied review of New Hampshireâs lawsuit against Massachusetts seeking to invalidate the latterâs controversial personal income tax sourcing regulation. The Supreme Courtâs highly anticipated decision was likely influenced by the acting U.S. Solicitor Generalâs amicus brief arguing against the Supreme Court taking up the case. The Supreme Court has thus passed on reviewing the broader issue of whether and to what extent a state may impose its personal income tax on…