{"id":3290,"date":"2018-12-18T12:55:28","date_gmt":"2018-12-18T16:55:28","guid":{"rendered":"https:\/\/wp.cga.ct.gov\/lib\/?page_id=3290"},"modified":"2020-05-06T12:37:15","modified_gmt":"2020-05-06T16:37:15","slug":"2018-issues-conference-federal-tax-reform","status":"publish","type":"page","link":"https:\/\/wp.cga.ct.gov\/lib\/2018-issues-conference-federal-tax-reform\/","title":{"rendered":"2018 Issues Conference: federal tax reform research guide"},"content":{"rendered":"<div class=\"row\">\n<div class=\"col-md-9\">\n<h1 class=\"comm-title\" style=\"margin-top: -20px; text-align: left;\"><span style=\"background: #005891; color: #ffce1c;\">\u00a02018 Issues Conference\u00a0<\/span><\/h1>\n<h1 class=\"comm-title\" style=\"margin-top: -20px; text-align: left;\">Connecticut&#8217;s Response to<\/h1>\n<h1 class=\"comm-title\" style=\"margin-top: -20px; text-align: left;\">Federal Tax Reform and <em>Wayfair<\/em><\/h1>\n<h1 class=\"comm-title\" style=\"margin-top: -20px; text-align: left;\"><em>research guide<br \/>\n<\/em><\/h1>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-3 pull-right\"><div class=\"menu-sidebarmenu-container\"><ul id=\"menu-sidebarmenu\" class=\"menu\"><li id=\"menu-item-19\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-home menu-item-19\"><a href=\"https:\/\/wp.cga.ct.gov\/lib\/\">Home<\/a><\/li>\n<li id=\"menu-item-170\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-170\"><a href=\"https:\/\/wp.cga.ct.gov\/lib\/research-guides\/\">Research Guides<\/a><\/li>\n<li id=\"menu-item-21\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-21\"><a href=\"https:\/\/wp.cga.ct.gov\/lib\/databases\">Databases<\/a><\/li>\n<li id=\"menu-item-22\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-22\"><a href=\"https:\/\/wp.cga.ct.gov\/lib\/periodicals\">Periodicals<\/a><\/li>\n<li id=\"menu-item-1159\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1159\"><a href=\"https:\/\/wp.cga.ct.gov\/lib\/about-the-library\/\">About the Library<\/a><\/li>\n<\/ul><\/div><\/div>\n<div class=\"col-md-9 pull-left\">\n<div class=\"lib-list\">\n<div class=\"lib-content\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-3513 alignright\" src=\"https:\/\/wp.cga.ct.gov\/lib\/wp-content\/uploads\/2018\/12\/Wayfair-1024x682.jpg\" alt=\"\" width=\"521\" height=\"347\" srcset=\"https:\/\/wp.cga.ct.gov\/lib\/wp-content\/uploads\/2018\/12\/Wayfair-1024x682.jpg 1024w, https:\/\/wp.cga.ct.gov\/lib\/wp-content\/uploads\/2018\/12\/Wayfair-300x200.jpg 300w, https:\/\/wp.cga.ct.gov\/lib\/wp-content\/uploads\/2018\/12\/Wayfair-768x512.jpg 768w, https:\/\/wp.cga.ct.gov\/lib\/wp-content\/uploads\/2018\/12\/Wayfair.jpg 1920w\" sizes=\"auto, (max-width: 521px) 100vw, 521px\" \/><br \/>\n<strong><a href=\"https:\/\/www.cga.ct.gov\/olr\/documents\/issuesconf2018\/Tax%20Reform%20Wayfair%20presentation.pdf\">Click here<\/a> to view the PowerPoint presentation.<\/strong><\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0OLR Reports\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0283.pdf\">Issue Brief: Connecticut\u2019s Response to Federal Tax Reform<\/a> (2018-R-0283)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0297.pdf\">Issue Brief: Internet Sales Tax after <em>Wayfair<\/em><\/a> (2018-R-0297)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0182.pdf\">Streamlined Sales and Use Tax Agreement<\/a> (2018-R-0182)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0168.pdf\">Connecticut\u2019s Tax Treatment of Federal Bonus Depreciation<\/a> (2018-R-0168)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0142.pdf\">2018 Acts Affecting Taxes<\/a> (2018-R-0142)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0036.pdf\">Federal Changes to 529 Plans<\/a> (2018-R-0036)<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cga.ct.gov\/2018\/rpt\/pdf\/2018-R-0028.pdf\">Impact of Limiting the SALT Deduction on Connecticut<\/a> (2018-R-0028)<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0Court cases\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\"><a href=\"https:\/\/ag.ny.gov\/sites\/default\/files\/salt_complaint_as_filed_with_exhibits.pdf\">SALT complaint<\/a>\u00a0<em>(New York et al. v. Mnuchin et al.)<\/em><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.supremecourt.gov\/search.aspx?filename=\/docket\/docketfiles\/html\/public\/17-494.html\"><em>Wayfair<\/em> docket<\/a>\u00a0<em>(South Dakota v. Wayfair et al.)<\/em><\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0Resources on specific topics: <em>Wayfair<\/em>, federal tax reform, and SALT\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p><em><strong>Wayfair<\/strong><\/em><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/assets.kpmg.com\/content\/dam\/kpmg\/us\/pdf\/2018\/10\/18432.pdf\">State actions concerning \u201cWayfair\u201d decision (AL, CO, DC)<\/a>\u00a0\u2013 KPMG, Oct. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.bna.com\/high-court-tosses-n73014476702\/\">Online sales tax rule dead, but afterlife murky<\/a> \u2013 Bloomberg BNA, June 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/taxfoundation.org\/post-wayfair-options-for-states\/\">Post-<em>Wayfair<\/em> options for states<\/a> &#8211; Tax Foundation, August 2018; updated Nov. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.census.gov\/retail\/mrts\/www\/data\/pdf\/ec_current.pdf\">Quarterly retail e-commerce sales 3rd quarter 2018<\/a> &#8211; U.S. Census Bureau, Nov. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.accountingtoday.com\/opinion\/supreme-court-abandons-physical-presence-standard-in-south-dakota-v-wayfair\">Supreme Court abandons physical presence standard in <em>Wayfair<\/em><\/a> &#8211; Accounting Today, June 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.bna.com\/wayfair-overstock-urge-n73014472916\/\">Wayfair, Overstock urge high court to deny digital tax case<\/a> &#8211; Bloomberg BNA, Dec. 2017<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>Federal tax reform<\/em><\/strong><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/files.taxfoundation.org\/20180502205047\/Tax-Foundation-FF586.pdf\">A hybrid approach: the treatment of foreign profits under the Tax Cuts and Jobs Act<\/a> \u2013 Tax Foundation, May 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.tax.ny.gov\/pdf\/stats\/stat_pit\/pit\/preliminary-report-tcja-2017.pdf\">Preliminary report on the federal Tax Cuts and Jobs Act<\/a> &#8211; NY State Dept. of Taxation and Finance, Jan. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/govinfo.library.unt.edu\/taxreformpanel\/meetings\/pdf\/incometax_04182005.pdf\">Relationships between federal and state income taxes; submitted to President\u2019s Advisory Panel on Federal Tax Reform<\/a> &#8211; Harley T. Duncan, Federation of Tax Administrators, April 2005<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/taxfoundation.org\/tax-reform-2017\/\">Tax Reform 2017-2018: your guide to federal tax reform<\/a> &#8211; Tax Foundation<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/fas.org\/sgp\/crs\/misc\/IF10977.pdf\">Tax reform 2.0: the Ways and Means tax proposals<\/a> &#8211; Congressional Research Service, Oct. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.irs.gov\/newsroom\/treasury-irs-issue-proposed-regulations-on-charitable-contributions-and-state-and-local-tax-credits\">Treasury, IRS issue proposed regulations on charitable contributions and state and local tax credits<\/a> \u2013 Internal Revenue Service, Aug. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.mondaq.com\/unitedstates\/x\/739622\/Income+Tax\/GILTI+Pleasures+The+IRS+Releases+Proposed+Regulations+on+Global+Intangible+LowTaxed+Income\">GILTI pleasures: the IRS releases proposed regulations on global intangible low-taxed income<\/a>\u00a0&#8211; Mayer Brown, Sept. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/taxfoundation.org\/2017-tax-cuts-jobs-act-analysis\/\">Updated details and analysis of the 2017 House Tax Cuts and Jobs Act<\/a> \u2013 Tax Foundation, Nov. 2017<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>State and local tax (SALT) deduction<\/em><\/strong><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/us.eversheds-sutherland.com\/portalresource\/lookup\/poid\/Z1tOl9NPluKPtDNIqLMRV56Pab6TfzcRXncKbDtRr9tObDdEp8JDmC3!\/fileUpload.name=\/2017NewEnglandSALTForum.pdf\">A deep dive into the SALT implications of federal tax reform<\/a> \u2013 Andrew Appleby, Karl Frieden, and David Pope, presentation at the 2017 New England State and Local Tax Forum<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/tax.kpmg.us\/events\/webcasts\/2018\/all-salt-state-reactions-to-tax-reform-wayfair-and-upcoming-ballot-initiatives.html\">All SALT: state reactions to tax reform, Wayfair, and upcoming ballot initiatives<\/a> (webinar) \u2013 KPMG, Oct. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.ncsl.org\/documents\/statefed\/KPMG_SALT_TaxReform.pdf\">Don\u2019t forget the SALT: state and local tax implications of federal tax reform<\/a> &#8211; KPMG, 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/portal.ct.gov\/Office-of-the-Governor\/Press-Room\/Press-Releases\/2018\/07-2018\/Gov-Malloy-AG-Jepsen-Connecticut-Joins-Lawsuit-to-Protect-State-Taxpayers\">Gov. Malloy, AG Jepsen: Connecticut joins lawsuit to protect state taxpayers from drastic cut in state and local tax deduction<\/a> (press release) &#8211; July 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.gfoa.org\/sites\/default\/files\/GFOA_SALT_09202017.pdf\">The impact of eliminating the state and local tax deduction<\/a> &#8211; Government Finance Officers Association<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\"><em>\u00a0State Tax Notes<\/em> articles\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p style=\"text-align: center;\"><strong><em>Please contact the Legislative Library for access to the articles without links.<\/em><\/strong><\/p>\n<p class=\"lib-hanging\">A <em>Wayfair<\/em> whirlwind of stakeholder considerations &#8211; Part 1 &#8211; Oct. 2018<\/p>\n<p class=\"lib-hanging\">Face the cloud: how <em>Wayfair<\/em> could affect the IT industry &#8211; Oct. 2018<\/p>\n<p class=\"lib-hanging\">News analysis: could the IRS identify SALT workarounds as listed transactions? &#8211; Oct. 2018<\/p>\n<p class=\"lib-hanging\">No standing to sue over SALT cap, the Department of Justice argues &#8211; Nov. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.taxnotes.com\/tax-reform\/state-involvement-federal-tax-policy-part-2-salt-and-donors\">State involvement in federal tax policy, part 2: SALT and donors<\/a> &#8211; Sept. 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.taxnotes.com\/state-tax-today\/sales-and-use-taxation\/implications-supreme-courts-historic-decision-wayfair\/2018\/07\/23\/2866l\">Implications of the Supreme Court\u2019s historic decision in <em>Wayfair<\/em><\/a> &#8211; July 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.alston.com\/-\/media\/files\/insights\/publications\/2018\/07\/stn-71618-crosby-et-al.pdf\">Sales taxes in a post-<em>Wayfair<\/em>, post-Kennedy world<\/a> &#8211; July 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.taxnotes.com\/editors-pick\/states-should-act-care-following-wayfair\">States should act with care following <em>Wayfair<\/em><\/a> &#8211; June 2018<\/p>\n<p class=\"lib-hanging\"><em>South Dakota v. Wayfair<\/em>: the fallout &#8211; Nov. 2018<\/p>\n<p class=\"lib-hanging\">State enacts marketplace legislation &#8211; June 2018<\/p>\n<p class=\"lib-hanging\">State, <em>Wayfair<\/em> litigants enter into settlement &#8211; Nov. 2018<\/p>\n<p class=\"lib-hanging\"><em>Wayfair<\/em> decision may spur Congress to act on remote sales tax legislation \u2013\u00a0July 2018<\/p>\n<p class=\"lib-hanging\">Tax reform: what the international provisions mean to the states &#8211; Feb. 2018<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0Other reports\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.shipmangoodwin.com\/files\/45600_ct_tax_developments_2018.pdf\">Connecticut tax developments: 2018: a year of reaction rather than proaction<\/a> \u2013 Shipman &amp; Goodwin, Nov. 2018<\/p>\n<p class=\"lib-hanging\"><a class=\"insideonly\" href=\"http:\/\/eosweb\/EOSWEB_Linked_Documents\/2017\/DRS_sales_tax_gap_Feb_2017.pdf\">State sales and use tax gap<\/a><span class=\"outsideonly\">State sales and use tax gap<\/span> &#8211; Dept. of Revenue Services, Feb. 2017<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0Organizations\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.cbpp.org\/\">Center on Budget and Policy Priorities<\/a><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.nasbo.org\/home\">National Association of State Budget Officers (NASBO)<\/a><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/taxfoundation.org\/\">Tax Foundation<\/a><\/p>\n<p class=\"lib-hanging\"><a href=\"https:\/\/www.irs.gov\/\">Internal Revenue Service (IRS<\/a>)<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0National Conference of State Legislatures\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.ncsl.org\/research\/fiscal-policy\/federal-tax-reform-and-the-states.aspx\">Federal tax reform and the states<\/a> &#8211; April 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.ncsl.org\/research\/fiscal-policy\/e-fairness-legislation-overview.aspx\">Remote sales tax collection<\/a> &#8211; June 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.ncsl.org\/blog\/2018\/06\/21\/states-win-online-sales-tax-case.aspx\">State wins online sales tax case<\/a> &#8211; June 2018<\/p>\n<p class=\"lib-hanging\"><a href=\"http:\/\/www.ncsl.org\/blog\/2018\/07\/10\/what-does-wayfair-case-mean-for-state-legislatures.aspx\">What does <em>Wayfair<\/em> case mean for state legislatures?<\/a> &#8211; July 2018<\/p>\n<\/div>\n<p style=\"text-align: center;\"><strong><span style=\"background: #ffce1c; color: #000000;\">\u00a0Periodicals and databases available to OLR and library staff\u00a0<\/span><\/strong><\/p>\n<div class=\"lib-content\">\n<p class=\"lib-hanging\">The Legislative Library subscribes to <em>State Tax Notes<\/em> and to the databases of CCH Intelliconnect and Westlaw.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<style>\n\/*By including this style, research guides in menu will be yellow*\/<br \/>.menu-item-170 > a {<br \/>color: #ffce1c;<br \/>}<br \/><\/style>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a02018 Issues Conference\u00a0 Connecticut&#8217;s Response to Federal Tax Reform and Wayfair research guide Click here to view the PowerPoint presentation. \u00a0OLR Reports\u00a0 Issue Brief: Connecticut\u2019s Response to Federal Tax Reform (2018-R-0283) Issue Brief: Internet Sales Tax after Wayfair (2018-R-0297) Streamlined Sales and Use Tax Agreement (2018-R-0182) Connecticut\u2019s Tax Treatment of Federal Bonus Depreciation (2018-R-0168) 2018 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-3290","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/pages\/3290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/comments?post=3290"}],"version-history":[{"count":21,"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/pages\/3290\/revisions"}],"predecessor-version":[{"id":4637,"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/pages\/3290\/revisions\/4637"}],"wp:attachment":[{"href":"https:\/\/wp.cga.ct.gov\/lib\/wp-json\/wp\/v2\/media?parent=3290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}