Volume 22 Issue 4 -- July/August 2010
Some
cash-starved states are looking for workers temporarily toiling in their states
as a new or expanded source of tax revenue.
Some maintain that the TEA Party acronym stands for the protest slogan
“Taxed Enough Already.” If TEA party members are irked by being taxed too
much, it is imagined that they will be further irked by being subject to state
income tax in multiple states.
For
example, Pert Uppon, (Pert) installs software systems and provides training
throughout
According
to The New York Times of March 22, 2010, the state of New York takes the
position that if you work one day in New York then 1/250th of your salary for
that year is subject to tax in New York. Often, states taking a similar position
do not have to read the newspapers to locate workers, like Pert. If Pert worked
for a large company, it may monitor and withhold amounts for the payments of
Pert’s tax debt to each state in which she worked. Or there may be 1099s to
provide evidence of work.
Stated
differently, Pert may receive multiple state W-2s or 1099s reflecting her
compensation earned in various states. Will Pert be happy about having to file
income tax returns in multiple states and being subject to audits in such
states? Probably, not.
Of
course, state taxation is subject to certain constitutional limitations. One
limitation is that a person or activities must have a minimal level of
connection — often called “nexus” — with a state before the state can
levy its taxes.
Traditionally,
nexus was often thought to require physical presence in a state. Thus, for a
worker or contractor like Pert, coming into a state more than just occasionally
would subject her to its income tax.
More
recently a number of states have been trying to expand the concept of nexus to
include a more “economic” definition of nexus. In part, this has been
triggered by aggressive multi-state corporations that seek to reduce their state
tax exposure by employing complex rental or licensing arrangements to shift
income from higher tax states in which they conduct operations to lower (or no)
tax states.
In
some cases, courts have upheld a state’s attempt to reach some income under
economically-based nexus theories, but the Supreme Court has yet to settle this
issue, so further efforts by aggressive states can be expected.
Because
of credits available for taxes paid to other states, all of this activity may
not increase the total tax bill for multi-state operators like Pert, but it
certainly can increase the costs of doing business in multiple states. Moreover,
the various state credit schemes are not perfect and often do not result in a
credit in one state equal to the tax paid in another state.
Similarly,
in the sales and use tax arena, some states have been trying to expand the scope
of nexus beyond traditional physical presence in the state. A number of states,
for example, have adopted or are considering so-called “Amazon statutes,”
referring to Internet seller Amazon.com, which
often has “affiliate” relationships with in-state residents who
receive compensation for various acts associated with referring or soliciting
customers for an out-of-state seller. Under US Supreme Court decisions, a state
cannot impose its sales tax law on an out of state seller who has no
“presence” in the state, but it is unclear how these “Amazon statutes”
will fare in the courts.
More
recently, some states have adopted a different tactic to extend their sales tax
collections. Instead of requiring Internet-only or out-of-state sellers to
collect sales tax, they are trying to require these out-of state sellers to turn
over lists of customers in a given state so that the state can go after them
directly to collect use taxes.
The
New York Times article mentioned above posed the interesting question: Should
President Obama, who allegedly visited 30 states in 2009 be subject to filing
state tax returns in all 30 states?
One
can expect states only to continue their efforts to expand their tax revenues
even though it is unclear where all of this will lead. Tax professionals need to
be aware of how these developments can affect their clients with multi-state
activities. In some cases, choice of entity planning can play a role in state
tax compliance.
If
you have questions about the tax consequences of underwater mortgages, please
contact the Tax & Business Professionals.
Copyright 2010
By Tax and Business Professionals, Inc.
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(800) 553-6613
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