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State Tax Policy Trends to Watch in 2023

Tax Notes Talk

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Is the New Audit Regime Helping to Improve the Taxing of Pass Through Entities?

New audit regime rules may have created an opening for states to start looking at how to better tax these pass through entities. California and New York already started to put some things in writing in terms of guidance. I suspect that we'll see more policy thinking get put in the writing at the administrative level before we see legislation.

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