Massachusetts Releases Proposed Market Sourcing and Throwout Regulations, What Does it Mean for You?

On July 24, 2013, the Massachusetts Legislature replaced the cost of performance sourcing regime with a market-based sourcing rule for all tax years starting on or after January 1, 2014. The same law also added a throwout rule. Today, the Department released their proposed regulations to implement the market sourcing and throwout rules.

Join us and learn about the market-based sourcing and throwout statutes and the Department’s proposed regulations. Interpretation challenges and scenarios not addressed by the regulations will be among the topics discussed including Reed Smith’s insight and analysis to guide taxpayers into 2014 and beyond.

Date: Thursday, April 10, 2014

Time: 2:00 p.m. EDT/ 11:00 a.m. PDT (Program is approximately 25 minutes)

Presenters: Michael A. Jacobs, Robert E. Weyman and Brent K. Beissel

For additional information, please contact Julie Maher at jmaher@reedsmith.com.

Please click here to listen to the recording.