Bloomberg is making available for download without charge its special report, Pass-Through Entities Face Myriad State-Level Taxes, Compliance Obligations. The summary is as follows:
While pass-through entities (PTEs) are the most common form of business entities in the U.S., identifying whether a PTE is subject to tax at the state level can be surprisingly complicated.
To illustrate the complicated compliance hurdles of PTEs, we’ve put together a special report featuring the expertise of Bruce Ely, partner at Bradley Arant Boult Cummings LLP, and Steven Wlodychak, principal with Ernst & Young LLP’s Indirect Tax Practice. Bruce and Steven each have years of experience handling PTE tax matters at the state level.
Download your copy of Pass-Through Entities Face Myriad State-Level Taxes, Compliance Obligations for insights on:
•Trends in state treatment of PTEs
•Related risks for businesses and their tax advisers
•Varying tax treatment for partners and shareholders
•Non-income-based taxes to watch out for
•Best practices for PTE research
To download the Bloomberg report, click Bloomberg Special Report: State Taxation of Passthrough Entities.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..