麻豆直播
麻豆直播 & Lardner LLP partner Lynn Gandhi was featured in a recent article analyzing a Massachusetts Appellate Tax Board decision upholding Interstate Income Act (P.L. 86-272) protections for certain entities in a combined reporting group.
Gandhi noted that the decision differs from precedent in other states, such as Michigan, emphasizing, 鈥淚t鈥檚 not quite the same question that the [board] was looking at.鈥
She added, however, that the rulings share a common theme, explaining that states 鈥渃an’t try to cherry-pick within the unitary group鈥 to limit tax credits or deny P.L. 86-272 protections.
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