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Economic Nexus Victory for Trademark Licensor in Oklahoma
In a taxpayer victory, Oklahoma could not assess corporate income tax against an out-of-state corporation (“Licensor”) based on intercompany payments received by the Licensor from the use of its intellectual property (trademarks and operating practices) in Oklahoma.  In Scioto Insurance … Continue reading
Washington Invoices Cannot Show B&O Tax as an Added Charge
The Washington Supreme Court has ruled that regardless of disclosure, the Washington tax statute prohibits a business from recouping the Business & Occupation (“B&O”) Tax as an added charge to a sales price.  The decision stems from a certified question … Continue reading
Nexus Legislation Aimed at Online Retailers Declared Unconstitutional in Illinois
It is my understanding that the sales/use tax nexus legislation (“Amazon legislation”) in Illinois, directed at out-of-state online retailers making sales involving referrals from in-state affiliates, has been declared unconstitutional.  In Performance Marketing Association, Inc. v. Hamer, Docket No. 2011-CH-26333, … Continue reading
Barnes & Noble Nexus Ruling Reversed in New Mexico
A Delaware limited liability company (“Internet Entity”) with no operations, facilities or personnel in New Mexico was subject to New Mexico gross receipts tax based on the in-state use of common trademarks that were licensed to affiliated group members including … Continue reading
Recent Case Illustrates Significance of Residency Planning
An individual that closed on the sale of her Connecticut residence less than 20 days after moving to New York City (and becoming a New York City resident) was taxed by New York on the gain from the Connecticut sale.  … Continue reading
Why Genetelli?

Genetelli is unique, successfully blending the high-quality experience and expertise found in the nation’s largest accounting firms with the concentration and client-focused characteristics of a tax specialty practice.

The advantages to our clients are clear:

• We consistently meet client expectations with responsive and personalized service.

• Our clients receive the depth of specialization required to properly address their state and local tax needs as well as business objectives.

• Our Firm size permits us to foster productive interaction with our clients and to acquire an in-depth understanding of their needs and overall objectives.

• Our ability to offer seasoned tax professional and partner involvement with every engagement at reasonable rates provides an exceptional value.