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House Budget Committee approves resolution for reconciliation bill addressing taxes and other issues
The House Budget Committee on February 13 by a party-line vote approved a fiscal year (FY) 2025 budget resolution.
The House Budget Committee on February 13 by a party-line vote approved a fiscal year (FY) 2025 budget resolution.
Final regulations provide rules on determining greenhouse gas emissions for purposes of the clean electricity tax credits under Sections 45Y and 48E.
Final regulation are published providing general rules on the clean electricity tax credits under Sections 45Y and 48E.
Qualifying, affected individuals and businesses may benefit from tax relief as a result of the recent fires in Los Angeles.
Final Regulations classify certain decentralized finance participants that provide trading front-end services effectuating digital asset sales as brokers.
In this edition, our spotlight article is on California, addressing disaster relief, Gov. Newsom's proposed budget, and updates on the proposed sourcing regulations.
The deadline for filing San Francisco's business taxes is coming up on February 28.
The Los Angeles City Business Tax for the 2025 annual filing is due on February 28, 2025, with extensions available for certain businesses impacted by wildfires.
On February 1, the Indian finance minister presented the Union Budget for 2025–26 (Budget 2025).
President Trump on February 1 signed orders to impose 25% tariffs on imports from Canada and Mexico, and an additional 10% tariff on imports from China.
Welcome to the State Tax Quarterly Insights. We highlight significant current state legislative, regulatory, judicial, and administrative developments.
Notice 2025-8 updates safe harbors for qualifying for the Section 45, 45Y, 48, or 48E domestic content credit bonus.