Perry Cooper
SALT Opinions Reporter at Bloomberg Tax
SALT litigation reporter for @Tax based in eastern NC. Winner of the Rule-izter Prize☝️. Tweets my own etc. Sailing adventures on Insta: PirateShipPelican 🏴☠️
Articles
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1 week ago |
news.bloombergtax.com | Richard Tzul |Perry Cooper
Compensation of executives at a hospital’s parent company doesn’t prevent the subsidiary from qualifying as an institution of public charity for purposes of an exemption from local property taxes, the Pennsylvania Supreme Court said Friday.
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1 week ago |
news.bloomberglaw.com | Richard Tzul |Perry Cooper
Lower court said owner’s executive pay is ‘eye-popping’Pennsylvania justices found hospital’s C-suite pay reasonableCompensation of executives at a hospital’s parent company doesn’t prevent the subsidiary from qualifying as an institution of public charity for purposes of an exemption from local property taxes, the Pennsylvania Supreme Court said Friday.
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1 week ago |
news.bloombergtax.com | Perry Cooper
Chicago’s late fee for residents who miss the deadline to buy a city sticker their cars is a tax that survives constitutional scrutiny, an Illinois appeals court affirmed Wednesday. “In this case, it is clear that the late charge is imposed both as a penalty for purchasing a city sticker after the due date and as a deterrent to discourage such behavior in the future,” the Illinois Appellate Court, First District ruled.
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1 week ago |
news.bloombergtax.com | Perry Cooper
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 week ago |
news.bloomberglaw.com | Perry Cooper
Appeals court allowed state to tax gain as compensationAffirming ruling would stifle innovation, taxpayers argueMassachusetts shouldn’t have been allowed to tax gains from the sale of company stock after its founder moved out of the state, the founder told the state’s high court in a petition for review.
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A Massachusetts appeals court rocked the boat yesterday by allowing the DOR to tax a nonresident's capital gains from a stock sale. That could put the state's position as an innovation hub at risk. Read more here: https://t.co/3s7gQAp2QA
SCOTUS skips the Zilka v. Philadelphia case about aggregating state and local income for tax purposes. Next week, we could get news on whether they will take the Disney and IBM foreign royalties cases. Here's my story on today's cert denial: https://t.co/812iE9woPm
Investors are concerned about unexpected tax bills and sizable penalties following last week's Washington Supreme Court decision limiting the state’s business and occupation tax investment income deduction. Read more here: https://t.co/7JIaaOSp78