Perkins Coie Tax practice attorneys help publicly traded, privately held and tax-exempt entities on developing tax strategies that comply with federal, state, local and international taxing authorities while protecting and preserving client assets.
Publications
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10.02.2023Washington Appeals Court Guts B&O Tax Deduction for Investment IncomeArticlesThe Washington Supreme Court is considering a petition for discretionary review of a court of appeals decision with significant implications for investors, investment funds, and the business community. Most Washington investors and investment funds do not pay business and occupation (B&O) tax on their investment income because of a statutory deduction for “amounts derived from investments.”
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08.07.2023IRS Concludes That Staking Rewards Are Included in Gross IncomeUpdatesThe Internal Revenue Service issued Revenue Ruling 2023-14 on July 31, 2023, providing clarity on its position regarding the tax treatment of crypto staking rewards for cash-method taxpayers.
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08.07.2023Washington Court of Appeals Limits B&O Tax Deduction for Investment IncomeUpdatesThe Washington Court of Appeals has held that investment funds are subject to Washington state business and occupation tax on their investment income. Although Washington law allows taxpayers to deduct “amounts derived from investments” from their gross income, the court concluded that the deduction was limited to investments “incidental to the main purpose of a business.”
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05.18.2023Domestic Content Adder Guidance: Hits and MissesUpdatesOn May 12, 2023, the U.S. Department of the Treasury issued Notice 2023-38, which contains the first rules concerning the domestic content bonus credits for renewable electricity, renewable natural gas, energy storage, hydrogen storage, and some hydrogen facilities pursuant to Code Sections 45, 48, 45Y, and 48E.
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02.13.2023Labor Law Today—2022 Year in ReviewLawyer PublicationsPerkins Coie is pleased to present the fourth edition of Labor Law Today—Year in Review, offering a summary of the past year’s most noteworthy and influential developments in traditional labor law.
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06.16.2022Real Estate Excise Tax Exemption Encourages Affordable HousingUpdatesTransfers of real property to certain qualifying entities will no longer be subject to real estate excise tax in Washington State, effective on January 1, 2023.
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03.31.2022Labor Law Today—2021 Year in ReviewUpdatesPerkins Coie is pleased to present the third edition of Labor Law Today —Year in Review, highlighting the past year’s most noteworthy developments.
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04.09.2021EBSA Guidance on COBRA Subsidy in the American Rescue Plan ActUpdatesThe American Rescue Plan Act of 2021 (ARPA) includes a 100% federal subsidy of COBRA premiums (including the up-to-2% administrative fees) during the period of April 1, 2021, through September 30, 2021. Earlier this week, EBSA published clarifying FAQs and model notices related to the COBRA subsidy. This update discusses the guidance most relevant to employers and highlights areas where additional guidance is still needed.
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Updated 04.05.2021Employer Responsibilities Under the ARPA COBRA SubsidyUpdatesThe American Rescue Plan Act of 2021 (ARPA) includes a number of provisions requiring immediate action by employers.
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03.15.2021Struggling Multiemployer Pension Plans Receive a Lifeline Under the American Rescue Plan Act of 2021UpdatesThis update examines in detail each form of multiemployer pension plan relief under the ARPA, as well as potential impacts of the ARPA on employers participating in underfunded multiemployer pension plans.
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03.03.2021IRS Clarifies Extended Cafeteria Plan ReliefUpdatesMuch of the previous relief that had been granted to cafeteria plans during the COVID-19 pandemic was set to expire after 2020.
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01.13.2021Labor Law Today—2020 Year in ReviewUpdatesPerkins Coie is pleased to present the second edition of Labor Law Today —Year in Review, highlighting the past year’s most noteworthy developments.
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12.30.2020Employee Benefit Provisions in the Consolidated Appropriations Act, 2021UpdatesPresident Donald Trump signed into law the Consolidated Appropriations Act, 2021 (the Omnibus Bill) on December 27, 2020.
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12.24.2020Another Round of PPP Loans Approved by Congress, With Yet Additional Changes to the ProgramUpdatesThe U.S. Senate and House of Representatives, on December 21, 2020, approved H.R. 133, referred to as the “Consolidated Appropriations Act, 2021.”
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12.24.2020Summary of Certain Business Tax Provisions in the Consolidated Appropriations Act, 2021UpdatesAfter much political gridlock, Congress passed an omnibus government-spending bill (Appropriations Act), which includes another COVID-19 relief package.
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12.09.2020Employee Benefit Plan Developments—2020 Year in ReviewUpdatesEmployee benefits professionals have faced many challenges in 2020.
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07.14.2020IRS to Target High Net Worth Individuals, Private Foundations, and Associated Entities Beginning in July 2020UpdatesThe Internal Revenue Service (IRS) intends to audit hundreds of high net worth individuals and their related entities starting this month.
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07.09.2020Seattle Payroll Tax: Update and Frequently Asked QuestionsUpdatesThe Seattle City Council passed a bill creating a new payroll tax on persons engaged in business in Seattle. While the ordinance has not yet been signed by the mayor (as of publication), the tax was passed by the council on July 6, 2020, by a veto-proof majority (7-2) and is expected to become law effective January 1, 2021.
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05.27.2020DOL Finalizes Notice and Access Safe Harbor for Electronic Delivery of Retirement Plan Participant CommunicationsUpdatesThe U.S. Department of Labor (DOL) has issued a final rule establishing a new “safe harbor” method for satisfying ERISA and DOL’s requirements for electronic distribution of certain ERISA-governed retirement plan documents.
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05.21.2020IRS Notices Provide COVID-19 Relief Covering Section 125 Cafeteria Plans and Flexible Spending Account Benefit PlansUpdatesMany employers have sought to leverage or make changes to their employer-sponsored benefits to address economic and health-related burdens faced by their employees during the COVID-19 pandemic.
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05.08.2020US Department of Labor Issues Updated COBRA Model Notices and Related FAQSUpdatesThe U.S. Department of Labor (DOL) issued revised model general and election notices on Friday, May 1, 2020.
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05.01.2020COVID-19 Relief for Employer-Sponsored Benefit Plans: Federal Government Announces Deadline Extensions and Other Short-Term ReliefUpdatesMany employee benefit plan sponsors, administrators, and fiduciaries have been asking about regulatory relief in response to administrative challenges created by the COVID-19 pandemic.
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04.13.2020Gross Receipts Taxes in Washington and OregonArticlesOregon and Washington share a border, but their tax systems have historically been diametrically opposite. Oregon has corporate and personal net income taxes, but no sales tax; Washington has a B&O tax, or gross receipts tax, and a sales tax, but no net income taxes. That changed with Oregon’s adoption of its CAT, effective January 1.
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04.13.2020IRS Announces Delay of Certain Periods for 1031 TransactionsUpdatesIn response to the ongoing coronavirus pandemic (COVID-19), the Internal Revenue Service (the IRS) has taken additional actions intended to provide immediate relief to taxpayers.
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03.31.2020Summary of Tax Provisions of the CARES ActUpdatesIn response to the ongoing coronavirus (COVID-19) pandemic, U.S. Congress, the executive branch, and the Internal Revenue Service (IRS) have taken several actions intended to provide immediate relief to taxpayers.
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03.27.2020Responding to COVID-19 Requires an Integrated ApproachUpdatesRecognizing the high volume of COVID-19 content being published, Perkins Coie developed a one-stop, integrated resource page that addresses key legal and business considerations for companies across essential business areas, from insurance coverage and labor and employment, to privacy and security, corporate governance, tax, construction, supply chain, and more.
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03.25.2020Summary of Tax Provision of the Families First Coronavirus Response Act and Certain Tax Filing ChangesUpdatesIn response to the ongoing coronavirus (COVID-19) pandemic, the U.S. Congress, the Executive Branch, and the Internal Revenue Service have taken several actions intended to provide immediate relief to taxpayers, including by postponing federal income tax return and tax payment deadlines, providing businesses with tax credits to the extent that such businesses are subject to new paid sick and paid family and medical leave requirements, and declaring COVID-19 a national emergency.
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03.20.2020COVID-19: Employee Health Plan Administration ConsiderationsUpdatesAs federal and state governments respond to COVID-19, employers and plan fiduciaries must also address the evolving issues arising under employer-sponsored health plans.
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02.10.2020SECURE Act Presents Planning Challenges and Opportunities for Retirement AccountsUpdatesThe Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) was signed into U.S. law on December 20, 2019.
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11.14.2019US Department of Labor Proposes New “Notice and Access” Electronic Delivery Safe HarborUpdatesThe U.S. Department of Labor (DOL) issued proposed regulations on October 23, 2019, providing for a new electronic-delivery safe harbor applicable to certain required disclosures for ERISA-governed retirement plans.
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10.23.2019IRS Finalizes Changes to 401(k) Hardship Distribution RulesUpdatesThe IRS issued final regulations on September 19, 2019, easing the 401(k) hardship distribution rules.
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10.22.2019The Ninth Circuit Abandons 35 Years of Precedent by Enforcing Arbitration Clause in ERISA Benefit PlanUpdatesThirty-five years after deciding that arbitration clauses in employee benefit plans governed by the Employee Retirement Income Security Act of 1974 (ERISA) were unenforceable, the U.S. Court of Appeals for the Ninth Circuit has reversed itself by approving the use of mandatory arbitration clauses and class action waivers in ERISA-governed benefit plans in Dorman v. Charles Schwab Corp.
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05.02.2019New Washington Business and Occupation Tax Legislation Affects Service BusinessesUpdatesThe Washington Legislature’s 2019 session produced four bills increasing business and occupation (B&O) taxes.
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03.18.2019Higher Ed Admissions Scrutiny—The Road AheadUpdatesThe wave of federal charges against some fifty individuals for college admissions fraud and testing bribery schemes caught numerous universities and much of the United States by surprise.
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06.22.2018South Dakota v. Wayfair: Practical Answers to Tax Questions Raised by Supreme Court DecisionUpdatesYesterday, the U.S. Supreme Court overruled more than 50 years of Commerce Clause precedent to hold that a state may require an out-of-state retailer with no physical presence in the taxing state to collect sales and use taxes on sales of goods and services delivered in the state.
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04.26.2018Deductibility of Trust Expenses Under the Tax Cuts and Jobs ActArticles
Trusts & Estates
The Tax Cuts and Job Act of 2017 (the Act), was signed into law on Dec. 22, 2017, bringing a myriad of changes to the Internal Revenue Code and sparking a substantial amount of commentary and analysis. While much attention has been centered on the consequences of the Act for individual and business taxpayers, relatively little focus has been given to the impact of the Act on trust and estates. -
02.01.2018New Tax Bill Eliminates Deductibility of Confidential Sexual Harassment SettlementsUpdatesAlthough business-related settlement payments (and attorneys’ fees) are generally tax-deductible, the 2017 Tax Cuts and Jobs Act (the Tax Act) restricts an employer’s ability to obtain tax deductions for settlements of sexual harassment and abuse claims that are subject to nondisclosure agreements.
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12.01.2017New Seattle Personal Income Tax Ruled IllegalUpdatesThe King County Superior Court held on November 17, 2017, that Seattle’s recently adopted city income tax is illegal under Washington law.
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07.27.2017New Seattle Income Tax: Answers to Your FAQsUpdatesThe City of Seattle adopted Ordinance 125339 on July 14, 2017, which imposes an income tax on Seattle residents and certain irrevocable trusts.
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01.04.2017India Amends Capital Gains Tax Treaty With SingaporeUpdatesThe Government of India amended its double taxation avoidance agreement (DTAA) with Singapore on December 30, 2016.
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08.25.2016Indian Government Approves New India-Cyprus Tax TreatyUpdatesThe Indian government approved a new India-Cyprus tax treaty on August 24, 2016 that will allow the Indian government to tax capital gains on investments routed through Cyprus.
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08.11.2016Will the Panama Papers Lead to Criminal Charges Against U.S. Taxpayers?UpdatesThe International Consortium of Investigative Journalists (ICIJ), collaborating with German newspaper Süddeutsche Zeitung, in spring 2016 began leaking approximately 11 million internal documents obtained without permission from Panamanian law firm Mossack Fonseca by an anonymous whistleblower.
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05.16.2016New Production Tax Credit “Beginning of Construction” Advice from the IRSUpdatesThe IRS recently issued Notice 2016-31, providing further guidance regarding the “beginning of construction” requirement for the production tax credit (PTC).
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04.28.2016New HIPAA Phase 2 Audits: Targets Notified by Email OnlyUpdatesThe U.S. Department of Health and Human Services Office for Civil Rights recently announced the long-awaited launch of Phase 2 of its HIPAA Audit Program.
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12.29.2015Capital Gains Tax Exclusion for Certain New Investments in Small Businesses Made PermanentUpdates
President Obama signed into law the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) on December 18, 2015. Among other provisions, the PATH Act provides that the 100 percent exclusion from gross income of certain capital gains from sales of qualified small business stock will apply to all investments made after September 27, 2010, including investments made in 2015 that were not eligible for the exclusion prior to the passage of the PATH Act.
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12.04.2015M&A Transactions: Affordable Care Act Due Diligence ConsiderationsUpdatesThe Affordable Care Act (ACA) has significantly changed the legal landscape for employer-sponsored health plans by adding reporting obligations, benefit mandates, fees, notices and potential penalties for plans that do not meet specific coverage and cost requirements.
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09.21.2015The Price of Customer Loyalty: Rewards Programs and Sales and Use Tax IssuesUpdatesRetailers and other businesses use loyalty and rewards programs to draw in customers throughout the year. However, there are several sales and use tax consequences of promoting consumer loyalty.
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08.2015Sales and Use Tax Implications of Loyalty ProgramsArticles
WG&L Journals, Journal of Taxation
Examining a loyalty program reward's form, structure, and parameters is essential for determining the state sales and use tax consequences. Read the full article. -
07.21.2015U.S. DOL Sets Sights on Businesses Using Independent ContractorsUpdatesEmployers should take immediate action to ensure that they are properly classifying their workers in light of new guidance released on July 15, 2015, by the U.S. Department of Labor (DOL).
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05.01.2015Washington Court of Appeals: No Transactional Nexus Requirement or Dissociation for Washington B&O TaxUpdatesOn April 29, 2015, the Washington Court of Appeals issued an important tax decision in Avnet, Inc. v. Washington Department of Revenue, Dkt. No. 45108-5-II. In its most significant holding, the court of appeals effectively eliminated the transactional nexus requirement for Washington B&O tax.
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06.27.2014IRS Broadens Offshore Amnesty ProgramUpdatesOver the last several years, the Internal Revenue Service (IRS) has focused its efforts on enforcement of U.S. laws with respect to offshore assets held by U.S. citizens and residents, including their tax payment and reporting obligations.
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05.21.2014Speak Up Now: Seattle $15 Minimum Wage Proposal Comment Period Begins May 22UpdatesThe Seattle employment community is abuzz about the prospect of a $15 minimum wage for all Seattle employees, which would make it the highest minimum wage in the nation.
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03.04.2014Final “Play-or-Pay” Regulations Provide Relief and Much Needed ClarificationUpdatesThe Affordable Care Act added the so-called “Play-or-Pay” mandate or “Employer Shared Responsibility” provisions to the Internal Revenue Code (the Code).
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12.12.2013Oregon Supreme Court Decides Sales Factor CaseUpdatesOn December 12, 2013, the Oregon Supreme Court issued its decision in Tektronix, Inc. v. Oregon Dep’t. of Revenue. The court held that the taxpayer’s receipts from the sale of goodwill, making up a part of the sale of a business division, were excluded from the sales factor under ORS 314.665(6)(a).
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10.07.2013The Affordable Care Act Creates Compliance Challenges for HRAs and Other ArrangementsUpdatesOn September 13, 2013 the U.S. Department of the Treasury (IRS), the U.S. Department of Health and Human Services (HHS), and the U.S. Department of Labor (DOL), collectively referred to herein as the Departments, coordinated the issuance of guidance regarding the application of certain provisions of the Affordable Care Act (ACA) to health reimbursement arrangements and other employer-sponsored healthcare arrangements.
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10.01.2013Financial Reform Act: SEC Proposes CEO Pay Ratio Disclosure RulesUpdatesRecently, the SEC, by a vote of 3 to 2, proposed long-delayed and controversial rules to implement the “CEO pay ratio” disclosure mandated under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The proposed rules, voted in on September 18, 2013, would require U.S. public companies to disclose the median annual total compensation of all employees and the ratio of that median to the annual total compensation of the company’s CEO.
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09.25.2013Some Employers Need to Start Affordable Care Act Measurement Periods in 2013UpdatesThe employer shared responsibility provisions, sometimes referred to as pay-or-play, of the Affordable Care Act (ACA) will take effect on January 1, 2015, but in order to be ready to comply, some employers need to take action now.
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09.18.2013IRS Guidance on Same-Sex Marriage: Employee Benefit ConsiderationsUpdatesIn response to the Supreme Court decision in United States v. Windsor, 133 S. Ct. 2675 (2013), the Internal Revenue Service issued Revenue Ruling 2013-17 (Ruling) on August 29, 2013, in which the IRS set forth the following federal tax principles:
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08.26.2013Health Plan Agrees to $1.2 Million Settlement for Photocopier HIPAA Security BreachUpdatesThe Department of Health and Human Services (HHS) announced a settlement on August 14, 2013, with Affinity Health Plan (Affinity), a not-for-profit managed care plan, which included a payment of $1,215,780, for a HIPAA security violation caused by Affinity’s failure to remove Electronic Protected Health Information (EPHI) from the hard drive of a leased photocopier that was returned to the leasing company.
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07.16.2013Post-Windsor Treatment of Same-Sex Spouses Under Qualified Retirement PlansUpdatesThe United States Supreme Court significantly changed the treatment of same-sex spouses under qualified retirement plans in United States v. Windsor. For the implications of Windsor and its companion case Hollingsworth v. Perry on health and welfare plans, please read our prior Client Update.
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07.11.2013Washington Service B&O Tax Rate Drops From 1.8% to 1.5%UpdatesIn 2010, the Washington legislature passed significant B&O tax changes including the adoption of economic nexus and market sourcing for service activities, as well as the imposition of B&O tax on directors’ fees. However, the largest revenue raiser came from a temporary increase of the service B&O tax rate from 1.5% to 1.8% from May 1, 2010 through June 30, 2013. While there were concerns that the 2013 legislature would extend the “temporary” increase, it did not. As a result, the service B&O tax rate reverted to 1.5% beginning on July 1, 2013.
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07.03.2013Implications of Same-Sex Marriage Decisions by U.S. Supreme Court for Employer-Sponsored Health and Welfare Benefit PlansUpdatesTwo controversial cases involving same-sex marriage were decided on June 26, 2013 by the United States Supreme Court. The first is United States v. Windsor and the second is Hollingsworth v. Perry.
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07.02.2013Play-or-Pay Tax Penalties Under Affordable Care Act Will Not Apply Until 2015, Treasury Department AnnouncesUpdatesThe U.S. Department of the Treasury announced today that after hearing and considering the concerns of employers about the complexity of compliance with the Play-or-Pay requirements under the Affordable Care Act, it is postponing the mandatory employer and insurer reporting requirements until 2015.
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06.12.2013Revised IRS Form 720, Updated for Reporting Patient-Centered Outcomes Research Institute (PCORI) Fees, Now Available: Due by July 31, 2013UpdatesThe Affordable Care Act (the ACA) established the Patient-Centered Outcomes Research Institute (the Institute) in order to provide comparative clinical effectiveness research data so that patients, health care providers, purchasers of health care and insurance products and policy-makers can make informed decisions.
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06.10.2013AOL’s Washington Sales Tax Refund Award AffirmedUpdatesOn June 4, 2013, the Thurston County Superior Court issued a written decision affirming the opinion of the Washington State Board of Tax Appeals (Board) in AOL Inc. v. Washington Department of Revenue, No. 11-076 (Wash. B.T.A. May 9, 2012).
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05.17.2013In re LIBOR-Based Financial Instruments Antitrust Litigation: A Long Road AheadUpdatesIn a self-described “unexpected” ruling for the defendants in the consolidated LIBOR proceedings, Judge Naomi Reice Buchwald has dismissed the private plaintiffs’ antitrust and Racketeer Influenced and Corrupt Organizations Act (RICO) claims and significantly narrowed the scope of the Commodity and Exchange Act (CEA) claim.
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04.22.2013The Affordable Care Act’s “Play-or-Pay” Mandate: Who Is a Full-Time Employee for Purposes of the Employer Shared Responsibility Payment?UpdatesRecently, we published a Client Updateexplaining how the Play-or-Pay mandate, or Employer Shared Responsibility provision, under the Affordable Care Act (ACA) generally works.
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04.01.20132012 - 2013 Northwest State Tax Summary: WashingtonArticles
Tax Analysts, State Tax Notes
This article, Part II of a two-part series, highlights some of the major state and local tax questions and developments in Washington state. -
03.27.2013Portland Adopts Mandatory Sick Leave LawUpdatesPortland has become just the fourth U.S. city to require that employers provide sick leave. The Portland ordinance goes into effect January 1, 2014. Following is a brief summary of the ordinance. As the effective date approaches, we will provide updates dealing with the many traps and reporting difficulties created by the ordinance.
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03.25.20132012 - 2013 Northwest State Tax Summary: OregonArticles
Tax Analysts, State Tax Notes
There was a great deal of state tax activity in Oregon and Washington in 2012 with the prospect of more developments to report in 2013. This article, Part I of a two-part series, highlights some of the activity in Oregon. -
02.12.2013The Affordable Care Act’s “Play or Pay” Mandate: How It WorksUpdatesThe Affordable Care Act added the so-called “Play or Pay” mandate or “Employer Shared Responsibility” provisions to the Internal Revenue Code (the Code). Starting in 2014, certain employers may be subject to a penalty tax, or “Employer Shared Responsibility Payment,” if (1) they fail to offer the opportunity to enroll in an employer-sponsored health plan that offers “minimum essential coverage” (MEC) to substantially all full-time employees (and certain dependents); or (2) MEC is offered but it is unaffordable or does not provide the required minimum value; and (3) at least one of the employer’s full-time employees receives a premium tax credit or cost-sharing reduction for purchasing health insurance through an Exchange.
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01.30.2013Exchange Notice Deadline Postponed: Employers Need Not Furnish the Notice of Coverage Options Available Through Exchanges by March 1, 2013UpdatesThe Affordable Care Act requires employers to provide written notice of coverage options available through an Exchange (the Exchange Notice) to each employee by March 1, 2013 and to each new employee thereafter on his or her date of hire.
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01.28.2013New HIPAA Omnibus Rule Implementing Provisions of the HITECH Act: An Overview of ChangesUpdatesFinal implementing regulations for many provisions of the HITECH Act (Health Insurance Technology for Economic and Clinical Health Act) were issued by the Department of Health and Human Services recently, and will appear in the Federal Register on January 25, 2013. Informally referred to as the Omnibus Rule, the regulations address a number of changes to the HIPAA Privacy Rule, HIPAA Security Rule, HIPAA breach notification rule, HIPAA privacy and security enforcement provisions, Business Associate definition and agreement requirements, and the interaction between HIPAA and the Genetic Information Nondiscrimination Act.
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01.23.2013Recent Changes to the IRS Employee Plans Compliance Resolution SystemUpdates
To kick off 2013, the Internal Revenue Service (IRS) issued Revenue Procedure 2013-12 updating the Employee Plans Compliance Resolution System (EPCRS), the voluntary compliance program for employer-sponsored retirement plans. Changes become effective on April 1, 2013, but plan sponsors may elect to use the revised program as soon as the IRS releases the newly created Forms 8950 and 8951.
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01.14.2013Investment Window for Capital Gains Tax Exclusion for Certain New Investments in Small Businesses Extended to December 31, 2013UpdatesOn January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 (the Act). Among other provisions, the Act provides that the 100% exclusion from gross income of certain capital gains from sales of qualified small business stock will apply to investments made after September 27, 2010 and before January 1, 2014, including investments made in 2012 that were not eligible for the exclusion prior to the passage of the Act.
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12.20.2012No Oregon Income Tax Nexus for Company Owning Intangibles Used in StateUpdatesA federal bankruptcy court judge has held that Washington Mutual, Inc. (WMI), a parent holding company that owned bank subsidiaries conducting business in Oregon, did not have nexus in Oregon by virtue of its ownership of the banks, the ownership of intangibles used by the banks in Oregon for no fee and the receipt of dividends from the banks.
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12.12.2012New Rules Will Be “Taxing” on Medical Device ManufacturersUpdatesThe U.S. Department of the Treasury and the Internal Revenue Service (IRS) recently issued much-anticipated final regulations under Section 4191 of the Internal Revenue Code (Code), which imposes a 2.3% tax on sales of any “taxable medical device” by a manufacturer, producer or importer (collectively referred to as “manufacturers”). The IRS simultaneously issued Notice 2012-77, providing interim guidance to manufacturers while it continues to study certain issues that are not addressed by the final regulations.
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11.13.2012Preparing for the 3.8% Medicare Surtax on Net Investment IncomeUpdatesThe Patient Protection and Affordable Care Act of 2010 (Affordable Care Act) institutes a new 3.8 percent Medicare surtax on net investment income effective January 1, 2013.
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07.17.2012LIBOR Rate-Fixing Scandal Deepens as Potential Plaintiffs Consider Legal OptionsUpdatesIn the wake of the recent admissions by Barclays Bank PLC that its traders sought to manipulate the London Interbank Offered Rate ("LIBOR"), corporations and other investors are only now beginning to appreciate the magnitude of the scandal and to consider how it might impact their own investments.
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05.25.2012AOL Gets Its Day in Court (Finally) and Is Awarded Washington Sales Tax RefundUpdatesOn May 9, 2012, the Washington State Board of Tax Appeals granted summary judgment to AOL, Inc., holding that AOL's purchases of services permitting its customers to connect with AOL's data center and the Internet were not subject to retail sales tax. AOL Inc. v. Wash. Dep't of Revenue, No. 11-076 (Wash. B.T.A. May 9, 2012). The procedural lessons of this case may be as important in Washington tax practice as the substantive case.
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04.12.20122012 Washington Legislative Session: State TaxesUpdatesIn double overtime, the Washington State Legislature ended the 2012 legislative session Wednesday morning, April 11, closing a roughly half-billion dollar shortfall for the two-year budget cycle.
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12.14.2010Washington State Adopts Amnesty ProgramUpdates
On December 11, 2010, in a one-day special session, the Washington state legislature passed its first ever amnesty program, which the Governor is expected to sign. Under certain circumstances, taxpayers paying past tax liabilities will have their interest and penalties waived.
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11.03.2010Amazon.com Obtains Declaratory Judgment Against the State of North Carolina’s Efforts to Obtain Customers' Online Purchase RecordsUpdatesThe U.S. District Court for the Western District of Washington granted Amazon.com's request for declaratory judgment that the North Carolina Department of Revenue’s (the Department) information requests for the production of customer purchase records violated the First Amendment and the Video Privacy Protection Act (VPPA), 18 U.S.C. § 2710. Amazon.com LLC v. Lay, No. C10-664-MJP, 2010 WL 4262266 (W.D. Wash. Oct. 25, 2010).
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09.03.2010Washington State Retail Sales Tax LitigationUpdatesCollecting the right retail sales tax is sometimes a difficult task, but the government should not intentionally make it harder. Unfortunately, because of a recent change in the law, retailers with operations in Washington state faced a confusing and uncertain tax environment, made worse by an unfortunate injunction obtained by the City of Bellingham and Whatcom County.
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04.15.20102010 Washington State Tax Legislation: What You Need to KnowUpdatesOn April 12, 2010 the Washington State Legislature resolved the budget impasse and adopted a $794 million tax package that the governor is expected to sign. The tax bill, 2ESSB 6143, contains a number of major changes to Washington’s tax system.
Presentations
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2024Tax Credit Evolution Webinar SeriesWebinarsPerkins Coie WebinarsJoin our industry-leading Energy, Environmental, and Resources team for a breakdown of the next piece of the U.S. tax credit evolution.
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03.08.2024
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01.24.2024Recent Tax DevelopmentsSpeaking EngagementsFOX Family Forum / Virtual
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01.03.2024
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10.27.2023Testamentary Trust Funding & Estate Tax ElectionsSpeaking Engagements19th Annual Probate Administration Seminar – King County Bar Association / Seattle, WA
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06.28.2023
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06.28.2023
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05.05.2023Freedom of Information and Transparency in State TaxationSpeaking EngagementsABA Section of Taxation May Tax Meeting / Washington, D.C.
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10.26.2022Should State and Local Tax Burdens Be Considered as One for Purposes of the Commerce Clause?Speaking EngagementsCouncil on State Taxation (COST) 53rd Annual Meeting / Championsgate, FL
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09.27.2022How to Answer Equity and Tax Questions From EmployeesSpeaking Engagements
How to Answer Equity and Tax Questions From Employees
Panelist
Carta / Webinar -
08.12.2022Let’s Make a DealSpeaking EngagementsWashington State Tax Conference / Pullman, WA
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06.27.2022West Coast Income Tax UpdateSpeaking EngagementsInstitute for Professionals in Taxation (IPT) Annual Conference / Salt Lake City, UT
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05.13.2022Should State and Local Tax Burdens be Considered as One for Purposes of the Commerce Clause?Speaking EngagementsABA Section of Taxation May Tax Meeting / Washington, D.C.
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10.20.2021Gross Receipts TaxesSpeaking EngagementsCouncil on State Taxation (COST) 52nd Annual Meeting / Las Vegas, NV
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03.19.2021Confidentiality and TransparencySpeaking EngagementsABA/IPT Advanced Income Tax Seminar / Virtual
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03.16.2021Printing Your Own Money for Tax PurposesSpeaking EngagementsABA/IPT Advances Sales Tax Seminar / Virtual
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08.22.2020The Tail of the Charitable Dog: Tax and Control Considerations in Planned GivingSpeaking EngagementsCameron House
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09.23.2019Funky TaxesSpeaking EngagementsInstitute for Professionals in Taxation (IPT) Sales Tax Symposium / Orlando, FL
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07.17.2019Analyzing the Decision in the Wake of the 2017 Tax ActSpeaking EngagementsFOX Family Office Forum / Chicago, IL
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04.30.2019Choice of Entity - Analyzing the Decision in the Wake of the New Tax ActSpeaking EngagementsCIO Wealth Strategy Roundtable/WPS Education Series hosted by U.S. Trust / Chicago, IL
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Spring 2019Family Tax Planning/Wealth TransferGuest Lecturer
Arizona State University W.P. Carey Graduate School of Tax and Accountancy / Phoenix, AZ -
04.09.2019Gross IncomeSpeaking EngagementsInstitute for Professionals in Taxation (IPT) Local Luncheon / Seattle, WA
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03.11.2019Alternative Tax BasesSpeaking EngagementsABA/IPT Advanced Income Tax Seminar / New Orleans, LA
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02.27.2019Effective Ways to Manage Gross Receipts TaxesSpeaking Engagements
Council on State Taxation (COST) Sales Tax Conference / Atlanta, GA
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10.18.2018Tax and Legal Structuring of the Family OfficeSpeaking Engagements
Abbot Downing Family Forum / Chicago, IL
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10.01.2018Funky TaxesSpeaking EngagementsInstitute for Professionals in Taxation (IPT) Sales Tax Symposium / Indian Wells, CA
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11.03.2017Solving Tax and Non-Tax Issues with Montana’s Uniform Trust CodeSpeaking EngagementsMontana Tax Institute / Missoula, MT
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10.21.2015A Review of the Ohio, Texas and Washington Tax RegimesSpeaking EngagementsCouncil on State Taxation (COST) 46th Annual Meeting / Chicago, IL
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09.29.2015Sales Taxation of Loyalty ProgramsSpeaking EngagementsInstitute for Professionals in Taxation 2015 Sales Tax Symposium / Indian Wells, CA
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07.28.2015An Income Tax Primer for Sales Tax ProfessionalsSpeaking EngagementsInstitute for Professionals in Taxation Manufacturing and Related Industries SALT Workshop / Redmond, WA
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03.17.2015Sales Taxation of Loyalty ProgramsSpeaking Engagements2015 ABA/IPT Advanced Sales Tax Seminar / New Orleans, LA
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09.22.2014Sales Tax Planning for Recurring or Big Ticket ItemsSpeaking EngagementsInstitute for Professionals in Taxation 2014 Sales Tax Symposium / Washington D.C.
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05.19.2014B&O Taxation of Affiliated Transactions, Including Employers of Record and Payroll ReimbursementsSpeaking EngagementsWashington State Society of CPAs’ State Tax Conference / Seattle, WA
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02.24.2014Legislation and Litigation Update in the Western United StatesSpeaking EngagementsCouncil on State Taxation (COST) 2014 Sales Tax Conference and Audit Session / Dallas, TX