So for example, whenever there are tax related changes, the state has to decide what it's going to conform to. Right. The way our code works frequently we mimic what goes on on the federal side but that's not a requirement. obviously in all situations. So what you like to do is you like to look internally at things, you like to work with the legislature and talk to them so you can actually come to the correct decision about what to do. (19:31–19:38)
CLAIM
Asserts that the state often mimics federal tax code but is not required to do so.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
