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Tenn. House and Senate broker a compromise on the business tax rebate

After months of an impasse, the Tennessee House and Senate have brokered a compromise in order to pass a business tax cut and refund.

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Treasury, IRS Issue Inbound Corporation Stock Repurchase Excise Tax Proposed Regulations | Holland & Knight LLP

Following the release of initial guidance in the form Notice 2023-2, the U.S. Department of the Treasury (Treasury) and IRS issued proposed regulations (the Proposed Regulations) under...

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Massachusetts Transit Official Proposes State Border Tolls

Secretary of Transportation Monica Tibbits-Nutt suggested constructing toll booths at state borders to help address the state’s tight budget. But on Monday Gov. Maura Healey said she is not proposing border tolls.

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2024 Federal Budget: Sales and Excise Tax Measures | Stikeman Elliott LLP

On April 16, 2024 (“Budget Day”), the federal government released its annual budget (“Budget 2024”), which includes certain sales and excise tax measures and also confirms the...

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GMSA calls for tax-free overtime work

GMSA calls for tax-free overtime work
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Tennessee lawmakers pass a slimmed-down budget due to flattening tax revenues

$52.8 billion — that's how much money state lawmakers had to work with this year, as they crafted the budget.

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