For the Press

Tax Analysts Announces SALT Matters—New Regular Column Focused on State and Local Tax Issues

December 11, 2012

FALLS CHURCH, Va. – Tax Analysts, the nonprofit provider of federal, state, and international tax news and analysis, today announced the launch of a new column, SALT Matters by McGladrey LLP. The monthly column will be published in State Tax Notes magazine and will analyze the latest in state and local taxation topics.

 


The firm’s first column, by Brian J. Kirkell and Craig Ridenour, highlights the compact apportionment election and the breaking decision in Gillette Co. et al. v. Franchise Tax Board. Kirkel and Ridenour write that the decision “has taken the state tax world by storm, leaving taxpayers, practitioners, the Multistate Tax Commission, and the state tax authorities of Multistate Tax Compact member states scrambling in its wake.”

Kirkell and Ridenour conclude that despite the California Court of Appeal decision, “the general construction and express language of the compact provide member states with two highly flexible and powerful tools to limit or eliminate the effect of the election, or even to turn the election to a taxpayer’s detriment.”

Brian J. Kirkell is a director in the Washington National Tax office of McGladrey LLP, and Craig Ridenour is a partner in McGladrey’s State and Local Tax practice. Ridenour is also the partner in charge of McGladrey’s income and franchise tax service line.

A full copy of the first SALT Matters column is available here.

 

 

Media Notes: For more information or to schedule an interview, please contact Shaima Cardillo at 703-531-4852 or shaima_cardillo@tax.org.