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State Tax Policy Trends to Watch in 2023

Tax Notes Talk

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Is California and New York Taking the Lead in the MTC?

I think one of the things you said there's some growing interest by states in looking into is developing new or more detailed rules for taxing large, complex, multi-state pass-through entities. Can you talk to us about what states may be doing in 2023 on this issue? Yes, absolutely. The pass-through area, I believe, is an area where we will see continued development. And it seems like we'll probably start to continue to see some development with the MTC as well.

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