New “Economic Nexus” in Washington State May Impact Franchisors
The following notice was released by the Washington Department of Revenue. Background Effective June 1, 2010, Washington State’s new economic nexus standard goes into effect. The economic nexus standard may be met without a physical presence in Washington. Under the new economic nexus standard, franchise fees, royalty income, and other income from Washington, could become … Continue reading
Amendment 54 Ruled Unconstitutional
From the Denver Post A voter-approved Constitutional amendment barring campaign contributions from unions and some state contractors was ruled unconstitutional by the state Supreme Court. The 4-1 decision affirms a lower court ruling and potentially wraps up a 16-month-long fight over the constitutionality of a law that opponents said curbed free speech rights and which … Continue reading
Public Tax Hearing – December 2, 2009
The Colorado Department of Revenue will be conducting a public tax hearing on Wednesday, December 2, 2009 at 1375 Sherman St., Room 127, in Denver, beginning at 9:30 a.m. The following regulations are scheduled to be heard: – Regulation 39-22-121 Child Care Contribution Credit (revised) – Regulation 39-22-514 Historic Property Preservation Credit (revised) To view these regulations please go … Continue reading