Tuesday, May 15, 2012

Comments offered on proposed regulations

Three people submitted written comments in advance of today’s public hearings on proposed regulations. A lawyer discussed the forms to be used by LPs, LLPs, and LLCs. Another lawyer focused on the filing requirements for LLCs. And a trade group suggested changes to a proposed regulation involving rentals and leases of motor vehicles.

The Tax Division will leave the public comment period open for five more days. The agency completed the hearings this morning. It plans to take further action on them soon after reviewing the public comments. (Click here to read the proposed regulations.)