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April 11, 2014
A deadline is quickly approaching for unclaimed property, creating a limited window of time for businesses to take action. As of June 30, 2014, the Delaware Unclaimed Property Voluntary Disclosure Program (“Program”) will cease to accept new enrollees, and the state is likely to initiate enforcement efforts on those companies that chose not to participate in this initiative. >More

March 27, 2014
Minnesota Governor Mark Dayton signed legislation that exempts sales and purchases for telecommunications or pay television services machinery and equipment from sales and use tax effective April 1, 2014.  >More

March 26, 2014
On March 25, 2014, the United States Supreme Court (the “Court”) issued its ruling in United States v. Quality Stores, Inc., et al., holding that the severance payments at issue are taxable wages for Federal Insurance Contributions Act (FICA) purposes.  >More

March 18, 2014
In General Information Letter ST 13-0074-GIL, Illinois determined that certain software applications and remote services offered through the cloud are not considered telecommunications, and thus are not subject to the Telecommunications Excise Tax.  >More

March 18, 2014
On February 10, 2014, the Internal Revenue Service (IRS) and Treasury Department released final regulations and clarification regarding the Employer Shared Responsibility provision under the Affordable Care Act (ACA).  >More

February 26, 2014
On January 14, 2014, the United States Supreme Court (the “Supreme Court”) heard oral arguments in United States v. Quality Stores, Inc. The outcome of this case will clarify the taxable treatment of certain severance payments under the Federal Insurance Contribution Act (FICA).  >More

February 18, 2014
On February 5, 2014, the North Carolina Department of Revenue (the “Department”) began its Trust Tax Recovery Program, which offers amnesty to qualifying companies owing collected but unpaid trust taxes. The Department describes trust taxes as those taxes paid by a customer to a seller or withheld from an employee, and held in trust by the business until filed and paid to the Department.  >More

February 13, 2014
On February 11, 2014, the U.S. Court of Appeals for the District of Columbia Circuit (the “Court of Appeals”), in the case of Loving v. Internal Revenue Service, affirmed an order of the District Court enjoining the Internal Revenue Service (IRS) from enforcing regulations related to paid tax-return preparers.  >More

February 10, 2014
The European Union has been discussing and negotiating a new customs code for many years. The Union Customs Code (UCC), as it is now called, was finally adopted on October 9, 2013 and went into effect October 30, 2013. Although the UCC is now published, no changes will occur until May 1, 2016 at the earliest, as the Delegated and Implementing Acts that provide the details have yet to be finalized. In January, the European Commission issued its draft proposals for the Delegated Acts (DAs) and Implementing Acts (IAs) that will support implementation of the UCC.  >More

February 05, 2014
Maryland’s annual Shop Maryland Energy sales tax holiday begins at 12:01 a.m. February 15, 2014 and ends at 11:59 p.m. February 17, 2014. Now in its fifth year, the program allows for the waiver of the state’s 6% sales tax on qualified Energy Star appliances purchased in Maryland during this period. Energy Star products are those products designated as meeting or exceeding the Environmental Protection Agency’s efficiency requirements for the program.  >More

January 28, 2014
On January 21, 2014, Governor Andrew Cuomo announced his executive budget for 2014-2015. Included in the budget are a number of tax reforms geared towards accomplishing the policy goals also outlined in the budget announcement, among them simplifying the tax code and reducing rates and assessments.  >More

January 27, 2014
Effective December 3, 2013, New Jersey residents and non-residents may enter into a Voluntary Disclosure Agreement (“VDA”) with the New Jersey Division of Taxation (“Division”) for unfiled personal income tax. The VDA program is not available to anyone who is currently under criminal investigation, has been contacted by the Division for delinquencies or deficiencies, or is attempting to amend a previous individual return.  >More

January 27, 2014
On January 22, 2014, Massachusetts Governor Deval Patrick announced his budget for fiscal year 2015. While much of the budget is focused on investments in education and infrastructure, those in the tax community will be particularly interested in the proposition to close tax loopholes the Governor has attempted to close in past years.  >More

January 24, 2014
Following the Illinois Supreme Court’s (“the Court”) decision in Hartney Fuel Oil Co. v. Hamer (“Hartney”), the Illinois Department of Revenue (“the Department”) issued emergency administrative rules on January 22, 2014, for local sales tax allocation. Prior to the Court’s decision, retailers had sourced sales to municipalities with lower local taxes or entered into agreements with municipalities to refund much of the local taxes collected.  >More

January 23, 2014
Every December, the California State Board of Equalization announces the inflation factor for the coming year’s property assessment roll. The factor is determined using the percentage change (rounded to the nearest one-thousandth of one percent) in the California Consumer Price Index (CCPI), from October of the prior fiscal year to October of the current fiscal year, but cannot exceed 2%.  >More

Ryan Abandoned and Unclaimed Property Alert: Delaware Unclaimed Property Voluntary Disclosure Program Update.
A deadline is quickly approaching for unclaimed property, creating a limited window of time for businesses to take action. As of June 30, 2014, the... >More

Minnesota Sales and Use Tax: Equipment Exemption Enacted.
Minnesota Governor Mark Dayton signed legislation that exempts sales and purchases for telecommunications or pay television services machinery and equipment from sales and use tax... >More


Ryan to Host Reception with Erno Rubik Celebrating the 40th Anniversary of the Rubik’s Cube.
Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced that it will host a... >More

Ryan Named to The Globe and Mail Great Places to Work List; Selected as One of the Best Workplaces in Canada for the Second Consecutive Year.
Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced that the Firm was ranked... >More
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