Bloomberg Tax
Aug. 27, 2020, 9:37 PM UTC

ADP, Walmart Among Businesses Still Craving Covid Tax Guidance

Michael J. Bologna
Michael J. Bologna
Staff Correspondent

Businesses are calling on state tax agencies to release guidance on several issues tied to the Covid-19 pandemic, including the tax treatment of remote workers, the taxability of federal relief payments, and President Trump’s payroll tax holiday.

Representatives of large multi-state corporations, including retail giant Walmart Inc. and cable operator Charter Communications Inc., also called on the states to create uniform rules for transfer pricing arrangements, which companies use to set prices for transactions between their own subsidiaries.

Employers and tax practitioners told the Southeastern Association of Tax Administrators Thursday that they are particularly troubled by inconsistent guidance governing the ...

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