Wrapping Up October – and Looking Forward to November

As we wrap up October, you can view all of the topics we discussed over the last month and take a look at the State and Local Tax events where our lawyers will be speaking in November.

SALT Activities in November:

November 1, 2017: Jane May presented “State Conformity with Federal Income Tax Laws — Especially in Light of Possible Sweeping Federal Income Tax Legislation?” at the 2017 Annual Meeting of the California Tax Bar and California Tax Policy Conference.

November 2, 2017: Peter Faber presented an Update on SALT Developments at the Philadelphia Tax Conference.
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McDermott extended its popular Tax in the City® program to Seattle, with a meeting on October 12 at the Amazon headquarters. McDermott established Tax in the City® in 2014 as a discussion and networking group for women in tax aimed to foster collaboration and mentorship, and to facilitate in-person connections and roundtable events around the country. The Seattle program was one of the best attended Tax in the City® events to date, featuring a CLE/CPE presentation about Privilege and the Ethics of Social Media by Cate Battin, Kristen Hazel and Jane May, followed by a roundtable discussion in which Elizabeth Chao and Sandra McGill discussed international issues related to income from digital products. Britt Haxton and Kristen Hazel discussed planning considerations related to federal tax reform, and Diann Smith provided the state and local tax considerations related to both issues.
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Wrapping Up June

Our June 2017 blog posts are available on insidesalt.com, or read each article by clicking on the titles below. To receive the latest on state and local tax news and commentary directly in your inbox as they are posted, click here to subscribe to our email list.

June 5, 2017: Nexus is Crucial, Complex Connection for State Tax Professionals

June 6, 2017: Substitute Alert – Delaware Technical Corrections Bill

June 8, 2017: Inside SALT Event in McDermott Will & Emery’s New York Office

New York, NY: The annual Inside SALT event took place on Thursday, June 8, 2017 in McDermott’s New York office. Tax lawyers Peter Faber, Todd Harrison, Stephen Kranz, Alysse McLoughlin, Art Rosen, Diann Smith and Mark Yopp presented a substantive half-day program highlighting many State and Local Tax updates, including recent changes specific to the New York area, Nexus developments in digital taxation, and news related to apportionment, transfer pricing and unclaimed property. The event had a successful turnout, with tax executives from many of McDermott’s top clients, and culminated in a networking reception.

June 8, 2017: Tax in the City® Event in McDermott Will & Emery’s Chicago Office

Established in 2014 by McDermott Will & Emery LLP, Tax in the City® is a discussion and networking group for women in tax that fosters collaboration and mentorship and facilitates in-person connections and roundtable study group events around the country.

McDermott’s second Tax in the City® meeting of the year took place on Thursday, June 8, 2017 in the Chicago office. The event began with a CLE/CPE presentation on Privilege and the Ethics of Connectivity. After a break for lunch and networking around the room, the program continued with a roundtable discussion focusing on best practices for drafting tax provisions in commercial contracts. Kristen Hazel spoke about drafting Letters of Intent, then Britt Haxton covered credit agreements, Sandra McGill covered withholding tax provisions, and Jane May wrapped up with settlement agreements.  Following that discussion, Mary Kay Martire passed our continuing discussion of the Illinois Grand Bargain over to Carol Portman, McDermott Alum and President of the Taxpayers Federation of Illinois, who shared with us some insights into the Illinois budget stalemate. The event concluded with Sandra McGill offering her insights into tax reform, as well as Kristen Hazel’s thoughts on preparing for new rules effective in 2018. The roundtable event aided great networking and conversations, and saw an impressive turnout with female tax leaders from many of McDermott’s client companies.


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Inside SALT: Significant State Tax Developments and Opportunities

June 8, 2017 – New York, NY

Lawyers in McDermott Will & Emery’s State and Local Tax Group present an informative half-day program. A wide range of topics will be discussed, including:

  • New York developments, including false claims and budget provisions
  • Nexus updates and developments in digital

On January 26, 2017, the Delaware House approved comprehensive unclaimed property rewrite legislation (SB 13) that was passed by the Senate (with committee amendments) last week.  Our summary of many of the key provisions of the bill (as introduced) is available here.  Because the amended version of SB 13 has now passed