The state's intangible personal property tax has not gone unnoticed by lawmakers duringthis year's tough budget session. Proposed bills would either abolish the tax, increaseit, or keep the status quo ...

As businesses shift toward knowledge-based industries and digital innovation, intangible assets are becoming increasingly important in financial reporting, mergers and acquisitions, and overall ...

Although the state s intangibles tax was supposed to be phased out by Jan 1, higher exemptions for payers of the tax went into effect instead. The tax amounts to 1% of covered assets over $60. Covered ...