News

ISSUE 26--01; January 9, 2026

SCOTUS and Florida v. California – In October 2025, Florida filed an original jurisdiction action asking the U.S. Supreme Court to strike down California’s “Special Rule” for apportioning corporate income, arguing it results in distorted apportionment and unconstitutional discrimination against out‑of‑state businesses. Do you believe the U.S. Supreme Court should or will take up Florida v. Califor

ISSUE 26-01; January 7, 2026

California Amends Legislation to Remove False Claims Act Amendment Language; Maine Schedules Hearing on Mandatory Worldwide Combined Reporting Legislation

ISSUE 25-25; December 12, 2025

Multistate: Tax Administrators Issue Guidance on Rounding in Wake of Penny Shortages – The United States Mint produced the last penny on November 12, 2025. As reported by several national news outlets, some retailers are experiencing a shortage of pennies and are struggling to develop acceptable policies for handling cash transactions and sales tax matters when neither the customer nor the retaile