The State Income Tax Conundrum When Selling a Business – Income Tax

To print this article, all you need to do is be registered or log in to

William D. Lipkind (Partner-Florham Park, NJ) and Adam Buchwalter (Of Counsel-Florham Park, NJ) co-authored “The State Income Tax Conundrum Upon the Sale of a Business”, released August 8, 2022, edition of Tax Notes®, a leading print and online tax journal for lawyers, accountants and others. The authors discuss the various theories of state tax authorities for taxing the income of nonresident taxpayers upon their sale of an entity that does business in the taxing state, or owns a pass-through entity that does business in the state of taxation, as limited by the Due Process Clause of the US Constitution.

Read the article (requires registration for a free trial).

Originally posted by Tax Notes – State

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.


Comments are closed.