STATE AND LOCAL TAXATION
Due to the existence of multiple tax jurisdictions, the lack of conformity between the various jurisdictions and the federal government, and the variety of taxes imposed by each jurisdiction, state and local taxes necessarily involve significant complexity. This complexity created both pitfalls and opportunities for planning than can significantly reduce a business’s effective state tax rate. Further, competition for capital and job investments amongst the states creates significant economic development opportunities for expanding and relocating businesses.
We represent taxpayers in all areas of state and local taxation, including resolving tax controversies from audit defense through litigation, identifying refund opportunities and planning to reduce effective tax rates, mitigating audit risk through letter rulings, and identifying and negotiating state and local economic development incentives. We also have broad industry experience, including broadcasting and entertainment, technology and software, manufacturing, telecommunications, real estate, aviation and utilities.