COST - Council on State Taxation Amicus Briefs Olympic and Georgia Partners, LLC v County of Los Angeles COST filed an amicus brief in a California property tax case addressing the exclusion of certain intangible values in a hotel’s valuation that is pending before the Supreme Court of California. COST’s brief addresses a cost reimbursement provided by the City of Los Angeles and why that income should be excluded as an intangible value when capitalizing the income stream of the property. Issues with
COST - Council on State Taxation COST Studies, Articles & Reports Mandatory Worldwide Combined Reporting: Elegant in Theory but Harmful in Implementation This paper documents the harmful and unnecessary implications surrounding state adoption of mandatory worldwide combined reporting (MWWCR), by Douglas L. Lindholm and Marilyn A. Wethekam of the Council On State Taxation (COST).
COST - Council on State Taxation COST Comments & Testimony COST Joins Coalition Letter Urging Virginia Governor to Retain Exemption for Business Purchases in Budget COST signed on to a March 26 coalition letter urging Virginia Governor Glenn Youngkin to either eliminate the sales tax base expansion or, at the very least, include a broad exemption for business-to-business transactions.