Wyoming lawmakers are considering increasing the current state excise tax imposed on wind energy production. Wyoming has more than 1,400 MW of installed wind capacity and is the only state to tax wind energy production. Wyoming is now considering becoming more of an outlier by increasing its tax on wind energy, while other states are providing incentives.

Click here the rest of the post: #720608827v4_AMECURRENT_ – Taxing Wind – blog post

First published in State Tax Notes on August 11, 2014

David Burton discusses a recent ruling from the Missouri Department of Revenue that is intended to address the sales tax consequences of a synthetic lease transaction. Burton argues that the DOR misapplied the term ‘‘synthetic lease,’’ leaving taxpayers without reliable guidance.

Click here to read the article: MO Synthetic Lease Ruling Article_mod