Indirect Tax Digest - March 2025
The US Indirect Tax Digest highlights significant sales and use tax legislative enactments, regulatory adoptions, judicial decisions, and administrative guidance.
Indirect Tax Digest - March 2025
March 2025
In this issue
Welcome to the US Indirect Tax Digest. We highlight significant sales and use tax legislative enactments, regulatory adoptions, judicial decisions, and administrative guidance. We hope that you find the digest valuable and look forward to your feedback.
Jennifer Jensen
Andrew Nunes
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New York Tax Appeals Tribunal requires broker-dealer receipts to be sourced to intermediaries and not to investors
NY State Tax Appeals Tribunal holds certain income must be sourced to the location of institutional intermediaries not to the underlying investors.
Guidance designated related party basis adjustment transactions
The Treasury Department and the IRS issued final regulations addressing Related-Party Basis Adjustment Disclosure obligations on January 14, 2025.
PwC’s US Tariff Industry Analysis – Automotive and Aerospace
Trump's policies and executive orders expand tariffs on products and countries that impact the Automotive and Aerospace industry.
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