and Matthew Hedstrom
, members of the firm’s State & Local Tax Group, were interviewed in Bloomberg BNA’s Weekly State Tax Report
in an article titled “New York’s Proposed Budget Bill: Lawmakers Consider Complete Restructuring of Corporation Franchise, Bank Taxes
Houghton and Hedstrom offered insight on New York Governor Andrew Cuomo’s proposed sweeping corporate and bank tax changes—potentially moving New York to an economic nexus standard—and its potential overhaul of the old combined reporting system and corresponding move to mandatory unitary reporting.
Read the full interview in Weekly State Tax Report