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HMB PREVAILS WITH ITS MOTION FOR SUMMARY JUDGMENT CHALLENGING THE COOK COUNTY USE TAX

On October 8, 2013, the Cook County Circuit Court granted HMB's motion for summary judgment challenging the Cook County Use Tax on all three counts. The court agreed with each of HMB's arguments, declaring Cook County's ordinance unlawful and permanently enjoining the tax. In granting the motion for summary judgment, Judge Lopez Cepero stated that a written order, from which Cook County may appeal within thirty days, will be entered by Friday, October 11, 2013.   Once that order is entered, taxpayers are not obligated to file returns or pay the use tax unless the appellate court reverses the circuit court's opinion.

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The State and Local Tax Group has one of the nation’s largest state and local tax practices. The SALT Group’s services are both preventive and remedial. We advise major corporate clients on multi-state tax controversies as well as assist in tax efficient structuring of mergers, acquisitions, and disposition transactions. Our focus is always to add value for our clients by identifying and developing solutions to their tax concerns.

Members of the SALT Group have handled state administrative proceedings across a wide variety of issues for Fortune 1000 companies, mid-size businesses, and individuals in virtually all states. Although we believe that settlement often times best suits our client’s needs, we have litigated before the numerous state circuit, appellate and supreme courts.

Our depth of experience, our working relationships with key governmental personnel, and our thorough knowledge of state and local laws and policies allow us to effectively and efficiently resolve matters, whether it be prevailing in litigation or negotiating a favorable settlement. The SALT Group has been engaged to address the most current, significant state tax issues, including the taxation of special purpose entities, the application of the cost of performance rules, combined reporting issues, the taxation of services and the application of the new nexus statutes.

The SALT Group has extensive experience in working with clients to minimize their historic tax liability through tax amnesty and voluntary disclosure programs. The SALT Group also has an extensive knowledge in the area of escheat, including audits and voluntary disclosures.