In a recent private letter ruling, the Texas Comptroller of Public Accounts ruled that single-member LLCs wholly owned by a tax-exempt IRC section 401(a) pension trust must file franchise tax reports.

A South Carolina Administrative Law Judge recently ruled that a taxpayer who offered bartending services at customer events was selling tangible personal property at retail and therefore should have collected and remitted sales tax.

The New York Department of Taxation and Finance and the City Department of Finance have issued guidance providing a procedure for withdrawing the commonly-owned group election made on a 2015 or 2016 General Business Corporation Combined Franchise Tax Return.

The Florida Department of Revenue has issued guidance on the state's corporate income tax treatment of repatriation income under IRC section 965.

The Alabama Department of Revenue recently issued guidance on the state's treatment of amounts required to be included in income under IRC section 965.