Yearly Archives: 2021

A Failure in Statutory Interpretation: The MTC and P.L. 86-272

By Dakessian Law | April 12, 2021
Tax Notes (April 12, 2021):  Relying on an overly broad interpretation of the U.S. Supreme Court’s decision in Wayfair, the Multistate Tax Commission appears poised to recommend weakening P.L. 86-272’s protection — even though Wayfair did not interpret and made no mention of the federal statute.   Click here to view entire article
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California Revisits Wealth Tax

By Dakessian Law | March 15, 2021
March 15, 2021 — California legislators plan to re-introduce a first-of-its-kind wealth tax proposal similar to the one that failed in 2020. Instead of a 4% tax on wealth over $40 million, this year’s proposal would impose a 1% tax on wealth above $50 million and a 1.5% tax on wealth above $1 billion. The new […]
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OTA Hears Dispute Over Application of Tax to Hookah Tobacco

By Dakessian Law | January 29, 2021
CalTaxletter (January 29, 2021): The Office of Tax Appeals held a hearing January 27 in the Appeal of Starbuzz International Inc., involving a dispute over the California Department of Tax and Fee Administration’s imposition of the tobacco products excise tax to shisha (hookah tobacco) sold by the taxpayer.   Click here to view entire article. (Subscription […]
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