COST - Council on State Taxation Amicus Briefs AT&T Mobility, LLC v. Board of Supervisors of Lamar County, Mississippi COST filed an amicus brief requesting the Supreme Court of Mississippi to accept an interlocutory appeal to address both the legality of, and constitutional issues with, a county assessor’s property tax valuation of a telecommunications company’s personal property. The brief pointed out concerns with the assessor not following the State’s valuation process which for industrial personal property is
COST - Council on State Taxation COST Studies, Articles & Reports North Carolina’s Business Tax Climate: Current Conditions and Options for Change EY, engaged by the North Carolina Chamber Foundation and COST/STRI, benchmarked North Carolina’s business tax climate against ten peer states. While North Carolina performs well overall, the Study recommends repealing the franchise tax, which burdens innovative, growth-stage businesses, and making targeted changes to boost the State’s grade on COST’s State Tax Administration Scorecard.
COST - Council on State Taxation COST Comments & Testimony Coalition Letter in Opposition to Creating 162(m) Outlier in AB 2222 COST joined a CalTax led coalition filing a letter opposing CA AB 2222. The letter recommends the California legislature maintain pre-2025 162(m) conformity, which currently imposes a $1 million limit on the deductibility of compensation paid to the top five covered executives. The bill proposes post-2025 conformity for 162(m), which expands the limit to the top ten covered executives, making it a
