CT - Changes in economic development-related statutes enacted Legislation is enacted that makes changes in economic development-related statutes:effective July 1, 2025, and applicable to income and taxable years commencing on or after January 1, 2025, allows a s...
NJ - Cultural arts institutions credit amended New Jersey has amended Cultural Arts Incentives Program, allowing broader eligibility for tax credits.The law amends the definition of a "cultural arts institution" to include any nonprofit ...
NY - Imposition of gross receipts tax preempted by ITFA In a New York case involving a company that provided various services, such as fiber broadband aggregation and access, the Tax Appeals Tribunal held that the gross receipts tax imposed under Tax Law S...