State Tax Notes Announces 'Baker's Take' - Bimonthly Column By Baker & McKenzie LLP's State Tax Practice

Column to Focus on Current Developments, Trends, and Practice Issues

FALLS CHURCH, Va., May 17 /PRNewswire/ -- "California is the latest state to join the trend in changing the rules on taxation of income from services or intangibles," according to the inaugural issue of "Baker's Take," a new bimonthly column for State Tax Notes by the State Tax Practice of Baker & McKenzie LLP.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20060914/TALOGO )

"Those changes," Baker & McKenzie partners J. Pat Powers and Kendall L. Houghton write in this week's State Tax Notes, "will have major effects on the tax liabilities of companies earning those types of income."

As a result, the authors write, some California-based taxpayers "should experience drastic reductions in their California tax liability," while others "are likely to see their California tax liabilities increase."

"Baker's Take" will focus on current developments, trends, and practice issues that confront Baker & McKenzie attorneys and that present opportunities, pitfalls, and decision points for state tax professionals.

To read the inaugural issue of "Baker's Take," go to Tax Analysts' Web site at www.taxanalysts.com.

About Tax Analysts:

Tax Analysts is an influential provider of tax news and analysis for the global community.  Over 150,000 tax professionals in law and accounting firms, corporations, and government agencies rely on Tax Analysts' federal, state, and international content daily.  Key products include Tax Notes, Tax Notes Today, State Tax Notes, State Tax Today, and Worldwide Tax Daily. Founded in 1970 as a nonprofit organization, Tax Analysts has the industry's largest tax-dedicated correspondent staff with more than 250 domestic and international correspondents.  For more information and the latest news, visit our home page, www.TaxAnalysts.com.

SOURCE Tax Analysts

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