On Dec. 16, 2020, New York legislation was submitted to impose an unincorporated business tax (UBT) on partnerships and limited liability companies that are treated as partnerships for federal tax
Continue Reading Proposed New York State Unincorporated Business Tax Provides SALT Limitation Workaround
On Nov. 9, the IRS may have endorsed a workaround to the $10,000 cap on state and local taxes when it comes to state and local taxes paid by passthrough
Continue Reading IRS Endorses State and Local Tax Deduction Cap Workaround
Taxpayers are generally limited in their options for contesting state and local tax matters. The statutes imposing income, corporate, sales and property taxes prescribe the steps to be taken and
Greenberg Traurig Global Tax Practice Shareholder G. Michelle Ferreira, who is also co-managing shareholder of the firm’s San Francisco and Silicon Valley offices, is quoted in a Law360 article
Continue Reading Michelle Ferreira Quoted in Law360 article, ‘Careful Evaluation Needed Before Acceptance Of Easement Deals’
In November 2020, California voters will decide whether to fundamentally change how real property is taxed in the state. Proposition 15, if approved, would establish a “split roll” property tax
Continue Reading California Voters to Decide Whether to Increase Property Taxes on Commercial and Industrial Properties
On June 26, 2020, an administrative law judge in the New York City Tax Appeals Tribunal In the Matter of Mars Holdings, Inc. [TAT(H) 16-14 (GC)] held that the city
Continue Reading NYC Imposes Tax on Gain from Sale of an Intangible
On August 10, 2020, the San Francisco Superior Court granted the State of California a preliminary injunction requiring Uber and Lyft to reclassify their drivers as employees. People of the
Life changes as a result of COVID-19 may also have business considerations. One of those considerations is how changing residence will affect an individual’s taxes. That has become even more
Continue Reading Considerations When Changing Residency To Another State
