Tuesday, August 23, 2005

A Federal Hearing of State Tax Issues

Council on State Taxation Legislative Director Joseph Crosby confirmed at a National Council of State Legislatures (NCSL) annual meeting that many promises had been made by the Senate Finance Committee to hold hearings on a variety of topics. Neal Olson of NCSL had previously mentioned at a luncheon earlier in the conference. Likely issues to be addressed are telecommunication taxes, a "bright-line" test for corporate taxation of multi-state businesses, and federal legislation streamlining collection of state sales and use taxes.

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