Massachusetts’s TCJA Guidance Stirs State Constitutional Question


Richard Call commented on Massachusetts’ new technical information release (TIR 19-11) on the reporting of deemed repatriated income. “TIR 19-11 finalizes the Department of Revenue’s position on the Massachusetts treatment of several international provisions of the Tax Cuts and Jobs Act following supplemental budget bills,” said Call. “For corporate taxpayers, there are no surprises. There are no changes from prior drafts of the TIR.”