12:00 AM
  • Location:

Significant Developments in Corporate Franchise Tax, Income Tax and Municipal Income Tax

Topics of this presentation included:

  • Sub House Bill 73 – Change in “Bright Line””Residency Test
  • Prior 120 “contact periods” – Plus 30 Replaced With 182 contact periods
  • New Statement Required in All Cases – Failure to File Statement or Filing False Statement Results in Loss of Presumption
  • Incorporation of Internal Revenue Code as of December 28, 2006
  • Statutes of Limitation For Assessment and Collection
  • Job Creation and Job Retention Tax Credits
  • Innocent Spouse Relief
  • Ohio Resident Credit Intersects With Kentucky Tax Modernization Act
  • Restoration of Federal Pass-Through Entity Treatment For Taxable Years Beginning on or After January 1, 2007
  • Proposed New Rule For Nonresident Spouse Filing Joint Federal Return Information Release IT 2006
  • National City Case
  • Knust Case

In This Article