Mandatory Unitary Combined Reporting: Navigating Conflicting and Evolving State Rules
Latest Guidance on Regulatory and Enforcement Developments, Ongoing New York Corporate Tax Reform Regulations, and More
Recording of a 110-minute CPE webinar with Q&A
This webinar will review the latest developments in combined reporting for state corporate income tax purposes for the benefit of corporate tax professionals and advisors. The panel will offer approaches to streamline compliance and address the challenges of sometimes contradictory and competing regulations requiring mandatory unitary combined reporting (“MUCR”) or discretionary combined reporting.
Outline
- Background issues, mandatory vs. elective combined reporting
- Recent state actions with combined reporting
- State laws
- Regulatory actions
- Court rulings
- Actions on forced combined returns
- Enforcement policies on combinations and de-combinations in certain states
- Next states likely to act
Benefits
The panel will review the most challenging areas of combined reporting mandates, such as:
- Keeping up with the latest state actions in legislatures, revenue agencies and courts, and the outlook for future moves on combined reporting
- Differentiating between states’ definitions of the “unitary group” concept
- Navigating ownership thresholds and the inclusion of special entities such as insurance subsidiaries and REITs
- Addressing numerous states’ regulations and compliance demands as a multi-state company
- Understanding “non-mandatory” or “discretionary” combination
Faculty

Jeffrey S. Reed
Counsel
Kilpatrick Townsend & Stockton
Mr. Reed is the Chair of the State and Local Tax Practice. He represents businesses and individuals in state tax... | Read More
Mr. Reed is the Chair of the State and Local Tax Practice. He represents businesses and individuals in state tax controversies, and advises about the state and local tax consequences of complex transactions. He has represented clients in state tax controversy matters in over thirty state and local tax jurisdictions. He has written extensively in the area of state and local taxation and is the author of The Reed Report, a State Tax Notes column. He is the current Editor In Chief of the State and Local Tax Lawyer and is on the State and Local Tax Executive Committees for both the ABA and the New York City Bar Association.
Close
Mike Shaikh
Counsel
Reed Smith
Mr. Shaikh represents corporate clients on state tax controversy matters and specifically works with them on... | Read More
Mr. Shaikh represents corporate clients on state tax controversy matters and specifically works with them on business activity tax matters involved in business formations and operations, M&A, spin-offs and dissolutions.
Close