Maximizing the Other State Income Tax Credit: Defining Net Income Tax, Qualifying Local Taxes, Recent Legislation
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This webinar will explain what is a net income tax in certain states and, therefore, eligible for the individual income tax other state credit. Our panel of SALT professionals will point out local taxes that are occasionally overlooked that qualify for this credit, requirements for the credit in specific states, and recent developments nationwide that impact this valuable tax-saving credit.
- What is a net income tax?
- What is not
- City, local, and jurisdictional taxes
- Specific state requirements
- New York
- Other states
- Relevant cases
The panel will cover these and other critical issues:
- How net income tax is defined in specific states
- Which jurisdicitonal taxes qualify for the other state credit in most states
- The status of the Mather case in California
- Maximizing the other state credit for multistate taxpayers
Mr. Tourian is currently an experienced manager at BDO specializing in state and local tax. Prior to BDO, he was the... | Read More
Mr. Tourian is currently an experienced manager at BDO specializing in state and local tax. Prior to BDO, he was the senior legal advisor for the New York City Department of Finance’s Tax Audit and Enforcement Division, where he provided legal support to audit staff on substantive issues concerning apportionment and other tax matters. Mr. Tourian started his career at the California Franchise Tax Board’s Multistate Tax Law Bureau. At FTB, Ted practiced before the Board of Equalization and authored many important rulings.Close
Senior Manager, State and Local Tax
Mr. Yoak concentrates on income and franchise tax, sales and use tax, and other business activity tax matters impacting... | Read More
Mr. Yoak concentrates on income and franchise tax, sales and use tax, and other business activity tax matters impacting mid to large-market corporations operating in the biotechnology, crypto asset, manufacturing, retail, service, and technology industries.Close
Access Anytime, Anywhere
CPE credit is not available on downloads.