Massachusetts Court Decision Could Spark State Tax Crackdown Nationwide
By EsqSocial Corporation 08/04/25
Founders and executives with equity compensation need to be prepared for state tax exposure, even in states where they do not live. In a landmark decision that reverberates beyond Massachusetts, the Massachusetts Appeals Court recently sided with the Department of Revenue in Welch v. Commissioner of Revenue, setting a new precedent on how nonresident business owners may be taxed on stock sales. The ruling signals a critical shift in how states may seek to tax income derived from activities that...
By: DarrowEverett LLP