The week in state tax news: New Jersey became the third state to be sued by a retailers group over its adoption of an updated reading of a decades-old federal law controlling how states tax merchants beyond their borders. Meanwhile, Chicago officials were presented with a menu of options to close a budget gap all while a property tax delay continues to impact the city, and New York’s fiscal watchdog said the state should detach itself from changes in the new federal tax law.
Online Sellers Sue NJ Over Income Tax Expansion
The New Jersey Division of Taxation’s expansion of ...
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