August 15, 2016

August 2016 Legislation Alerts

Delaware and four other states (Arizona, Colorado, Louisiana, and New Hampshire) have new laws taking effect during the month of August. Please see below for summaries of the laws that will go into effect this month. ARIZONA Effective Date: August 6, 2016 Entities Affected: Corporations, LLCs, and Benefit Corporations Senate Bill 1356, effective August 6,
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Nevada’s New Commerce Tax Due Aug. 15

There is a new business tax in the state of Nevada, the Commerce Tax, and every business must file an initial tax return by August 15, 2016. Although the tax is imposed on businesses with a Nevada gross revenue exceeding $4 million in the taxable year, all businesses are required to file a Commerce Tax Return,
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