Welcome to the March 2025 edition of The BR State + Local Tax Spotlight. We know the importance of remaining up-to-date on State + Local Tax developments, which appear often and across numerous jurisdictions. Staying informed on significant legislative developments and judicial decisions helps tax departments function more efficiently, along with improving strategy as well as planning. That is where The BR State + Local Tax Spotlight can help. In each edition, we will highlight important State + Local Tax developments that could impact your business. In this issue, we will be covering:
- City’s Electric Slide Stumbles as Invalid Tax
- Tax Assessments: Minimum Evidentiary Foundation Required
- California Snags Former Resident for Tax Due on Stock Options
We invite you to share The BR State + Local Tax Spotlight with your colleagues and visit Blank Rome’s State + Local Tax webpage for more information about our team. Click here to add State + Local Tax to your subscription preferences.
Update from previous editions:
In the December 2024 edition of The BR State + Local Spotlight, Craig B. Fields authored an article titled “Virginia Court Rules That Corporation Is Not Unitary with 17% Owned Limited Liability Company” in which he discussed the recent decision of the Virginia Court of Appeals in Dep’t of Tax’n v. FJ Management, Inc, d/b/a FJI, Inc. On December 23, 2024, the Department of Taxation petitioned for further review to the Supreme Court of Virginia. The appeal is ongoing.
Joshua M. Sivin and Melanie L. Lee
ARTICLES
City’s Electric Slide Stumbles as Invalid Tax
By Mitchell A. Newmark
We often focus on whether a levy is a tax masquerading as a fee because a state tax must be fairly apportioned under United States Constitutional precedent, while a fee is not so limited. Read More >>
Tax Assessments: Minimum Evidentiary Foundation Required
By Eugene J. Gibilaro
When a taxpayer challenges an assessment issued by a state or local taxing authority, the taxing authority will typically assert that its assessment should be afforded a presumption of correctness, and the burden of proof is on the taxpayer to prove that the assessment is incorrect. Read More >>
California Snags Former Resident for Tax Due on Stock Options
By Melanie L. Lee
Many employees receive stock options as compensation from their employers. Read More >>
WHAT'S SHAKING: BLANK ROME STATE + LOCAL TAX ROUNDUP
Blank Rome’s nationally prominent State + Local Tax attorneys are thought leaders in the community as frequent guest speakers at various local and national conferences throughout the year. Our State + Local Tax attorneys believe it is necessary to educate and inform their clients and contacts about topics that will impact their businesses. We invite you to attend, listen, and learn as our State + Local Tax attorneys interpret and discuss key legal issues companies are facing and how you can put together a plan of action to mitigate risk and advance your business in accordance with state and local tax laws. Read More »
© 2025 Blank Rome LLP. All rights reserved. Please contact Blank Rome for permission to reprint. Notice: The purpose of this update is to identify select developments that may be of interest to readers. The information contained herein is abridged and summarized from various sources, the accuracy and completeness of which cannot be assured. This update should not be construed as legal advice or opinion, and is not a substitute for the advice of counsel.
