Upcoming National Meeting

2022 SALT Workshop for Technology Companies

One and a half day conference focusing on state and local tax issues for technology companies. Leading practitioners from across the U.S. will get those new to the area of state and local tax up to speed on all types of taxes, including sales and use, income, property and local taxes, and will provide in-depth panel discussions on other specific state and local issues impacting the tech industry.

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Newsletters & Media

Legislative Alert

ISSUE 22-28; August 2, 2022

COST Expresses Concern with Controversial Washington Draft Advisory on the State’s Insurance Business Exemption; Colorado DOR to Hold Retail Delivery Fee Q&A Webinar

Cost Conscious

ISSUE 22-16; August 12, 2022

COST Mentoring Program – COST is excited about the development of our new COST Mentoring Program. In anticipation of its launch this fall, we are interested in gaining member perspectives on the elements that help foster an effective mentor/mentee relationship. Which of the following do you believe is the most important to help establish a successful mentor/mentee relationship?

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Bloomberg TAX

Ways and Means Asks for Quick Go-Ahead to Get Trump Tax Records

August 12, 2022

The House Ways and Means Committee has asked a federal appeals court to issue a mandate that would let the committee get President Donald Trump's tax returns from the Treasury Department.

Ecopetrol Says Colombia Should Pare Back Planned Export Tax (1)

August 12, 2022

Colombia’s state-controlled oil producer Ecopetrol SA is proposing to dilute a planned oil export tax that is a major part of President Gustavo Petro’s economic program. 

Bundle Climate Checks With Financials, Deloitte Audit Chief Says

August 12, 2022

Deloitte LLP's audit leader wants corporate auditors to be the sole vetters of air pollution data, packaging those checks within standard financial statement reviews.

Bain ‘Ashamed’ of Serious Mistakes Made With South Africa Work

August 12, 2022

Bain & Co. said it’s “ashamed” of the consultancy’s role in destabilizing South Africa’s tax agency after the country’s most senior treasury official called for companies to stop doing business with the firm.

Brazil’s Gasoline Tax Cut Is Mostly Benefiting the Middle Class

August 12, 2022

Brazil’s middle class is benefiting the most from gasoline tax cuts pushed by President Jair Bolsonaro, while costlier food staples add to the pain of the poor and more expensive airfare weigh on the budget of the wealthy.  

Special Legislative Sessions Bring More State Tax Cuts

August 12, 2022

This week in state tax news: Tax cuts just keep coming. And New York threw generous subsidies at both Amazon and chipmakers.

Sports Betting Q2 Revenue Up 58.7%, Driven by New Markets (1)

August 12, 2022

US sports betting revenue rose 58.7% in the second quarter over the same quarter in 2021, boosted by the addition of six new markets in the past year.

Trump Organization, CFO Tax Fraud Trial to Begin Oct. 24 (1)

August 12, 2022

The Trump Organization and its longtime chief financial officer, Allen Weisselberg, will go on trial Oct. 24 in a tax fraud case, after a New York state judge rejected their request to dismiss the case against them.

House Set to Send Biden Landmark Tax, Climate, Health Bill

August 12, 2022

The House is on track Friday to send President Joe Biden a roughly $437 billion tax, climate and drug price package for his signature, a hard-fought victory that follows a year of Democratic infighting and gives the party an achievement to campaign on ahead of November’s midterm elections. 

Spotlight on Skadden Partner and Tax Podcast Host David Farhat

August 12, 2022

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s Spotlight is on David Farhat, a tax partner in the Washington office of Skadden, Arps, Slate, Meagher & Flom LLP.

Featured Resources

COST - Council on State Taxation

Amicus Briefs

Walmart Stores v. Johnson County Board of Commissioners

COST amicus brief seeks consistent application of Kansas’ property tax valuation law following Kansas Court of Appeals’ decision In re Equalization of Prieb Properties, 47 Kan. App. 2d 122 (2012). If there is a change to the State’s valuation process, it should be from the legislature and not the Kansas Supreme Court.

COST - Council on State Taxation

COST Studies, Articles & Reports

Locally Administered Sales and Accommodations Taxes: Do They Comport With Wayfair?

The Study effectively demonstrates that the burdens of complying with numerous disparate local tax regimes are extremely onerous, particularly in states that lack centralized collection and remittance of local taxes. The Study opens with a Foreword authored by well-known state and local tax experts Jeffrey A. Friedman and Nikki E. Dobay of Eversheds Sutherland LLP that evaluates and analyzes the l

COST - Council on State Taxation

COST Comments & Testimony

COST Signed onto Joint Letter re. Draft Insurance Business Exemption ETA

COST joined several trade association expressing several concerns regarding the Washington State Department of Revenue’s draft insurance business exemption excise tax advisory.