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The SALT Shaker PodcastAuthor: Eversheds Sutherland
State and local tax jurisdictions continue to evolve their tax systems around the US. Analyzing the latest key decisions, legislative and regulatory changes, and revenue agency guidance, the Eversheds Sutherland SALT Team focuses on providing tax professionals with a quick update of the most important developments in US state and local tax. The SALT Shaker Podcast helps tax professionals navigate growing challenges in the evolving tax systems of state and local jurisdictions. Language: en Genres: Business, Business News, Management, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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A bite of the pie: Indiana Supreme Court says wagering taxes stay deducted
Tuesday, 13 October, 2026
The Indiana Supreme Court unanimously held that Penn Entertainment was not required to add back wagering taxes it paid to other states when computing its Indiana taxable income. In the latest episode of the SALT Shaker Podcast, Partners Jeremy Gove and Chelsea Marmor slice up the decision in Penn Entertainment v. Indiana Department of Revenue, an opinion that is as much about apportionment and tax policy as it is about add-backs. They walk through the court's pie-chart explanation of "double apportionment," its step-by-step framework for deciding whether another state's tax is "based on" or "measured by" income, and what the ruling may mean for taxpayers in other states with similar add-back language. They also keep a running tally of the pie puns (listeners are invited to keep score and let us know who won) and tackle an overrated/underrated debate on food trucks. Read the decision: PENN Entertainment, Inc. (f/k/a PENN National Gaming, Inc.) v. Indiana Department of State Revenue, No. 24S-TA-382, _ N.E.3d _ (Ind., Jun. 29, 2026). For questions or comments, email SALTonline@eversheds-sutherland.com. Subscribe to receive regular updates hosted on the SALT Shaker blog.
