The Boston Bar Association held its annual tax conference this past Thursday, and as always the BBA pulled together a great lineup of practitioners, legislators, and Department of Revenue officials to discuss the latest in Massachusetts state tax. The event was broken into four sections; one each on tax policy, litigation, and administrative updates, as well as a key note address by the Commissioner. Some highlights included:
- A question and answer session with Commissioner Nunnelly;
- Spirited discussion on the sourcing of sales of pre-written software under the new market sourcing regulations;
- Analysis of the limits (if any) of the Department’s sham transaction powers; and
- Discussion of the Appellate Tax Board’s recent decision in favor of the taxpayer on a true-debt issue in MassMutual and whether the decision has potentially broader applicability.
Congratulations to the BBA’s state tax section and the rest of the BBA for once again putting on a great event.