State Tax Policy Trends to Watch in 2023
Tax Notes Talk
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Is the Salt Cap a Permanent Feature?
There may be some suspicion amongst taxpayers and practitioners that the salt cap will ultimately become a permanent feature. It's just impossible to know right now whether or not that expiration really will come to pass. I think states have gotten comfortable with what they're doing, whether it's necessarily the perfect way of auditing. And maybe even taking a little bit of wait and see approach before doing much more tweaking on their ends.
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