Canada Revenue Agency and Department of Finance Respond to TEI’s Questions from December 2017 Liaison Meetings
TEI Advocates Need to Update State Statutes Governing the Reporting Federal Income Adjustments at the National Conference of State Legislatures Meeting
On January 14, 2017, TEI Tax Counsel Pilar Mata, along with Fred Nicely and Nikki Dobay of the Council on State Taxation (COST) and Tom Shimkin of the Multistate Tax Commission (MTC), presented at the National Conference of State Legislatures (NCSL) Taskforce on State and Local Taxation. The panel discussed the need for state legislators to update state statutes governing the reporting of federal income adjustments, noting the problems with current state statutes and the lack of uniformity among states.
TEI Meets with State Commissioners at the Federation of Tax Administrators Midwinter New Commissioners Meeting
On January 11, 2017, TEI Tax Counsel Pilar Mata presented at the Federation of Tax Commissioners’ Midwinter New Commissioners Meeting and met with state commissioners of revenue from around the country. Pilar was invited to provide an overview of TEI’ mission, organization, and anticipated state and local tax priorities for 2017.
TEI Urges the Multistate Tax Commission to Update its Model Statute Governing the Reporting of Federal Income Adjustments
On December 14, 2016, TEI Tax Counsel Pilar Mata, along with Nikki Dobay of the Council on State Taxation (COST), presented at the Multistate Tax Commission’s (MTC) Fall Meeting and urged the MTC’s Uniformity Committee to undertake a project updating its 2003 model statute governing the reporting of federal income adjustments. Pilar and Nikki noted the problems with current state statutes and the lack of uniformity among states. They also maintained now would be opportune to update the 2003 model statute because states will soon need to consider how to update their reporting statutes to r