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State Tax Update: Arkansas and Kansas Enact Single Sales Factor and Market-Based Sourcing

06.02.2025 | Duration: 84:29

This latest TWIST podcast explores the new single factor apportionment and market-based sourcing rules in Arkansas and Kansas, and their impact on multistate businesses. 

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Podcast Overview

Most states that impose business income taxes have now adopted single sales factor apportionment or market-based sourcing for sales of other than tangible personal property. Our latest TWIST podcast highlights how Arkansas and Kansas are joining this trend with new legislation effective in 2026 and 2027, respectively, to enhance competitiveness and attract investment to their states. KPMG State Tax Resource Network professionals Asad Markatia and Derek Love join host Harley Duncan for a discussion on the implications for multistate businesses, including special provisions for telecommunications and financial institutions, and a deferred tax deduction in Kansas to mitigate financial statement impact.

Meet our podcast team

Image of Harley T. Duncan
Harley T. Duncan
Consultant to KPMG
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Image of Harley T. Duncan

Harley T. Duncan

Consultant to KPMG

Harley T. Duncan is a consultant to the KPMG State and Local Tax practice. He joined KPMG in 2008 and served as leader of the Washington National Tax State and Local Tax Group through 2021. Harley spent the previous 20 years as Executive Director of the Federation of Tax Administrators and has worked with Kansas and South Dakota state governments. He focuses on sales, use and excise taxes as well as matters of state tax policy and tax administration and assists KPMG with the weekly This Week in State Tax (TWIST) publication and podcast series.
Image of Asad Markatia
Asad Markatia
Senior Manager, Tax, KPMG US
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Image of Derek M Love
Derek M Love
Managing Director, Tax, SALT Asset Mgmt, KPMG US
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Image of Harley T. Duncan
Harley T. Duncan
Consultant to KPMG
Read bio
Image of Harley T. Duncan

Harley T. Duncan

Consultant to KPMG

Harley T. Duncan is a consultant to the KPMG State and Local Tax practice. He joined KPMG in 2008 and served as leader of the Washington National Tax State and Local Tax Group through 2021. Harley spent the previous 20 years as Executive Director of the Federation of Tax Administrators and has worked with Kansas and South Dakota state governments. He focuses on sales, use and excise taxes as well as matters of state tax policy and tax administration and assists KPMG with the weekly This Week in State Tax (TWIST) publication and podcast series.
Image of Asad Markatia
Asad Markatia
Senior Manager, Tax, KPMG US
Read bio
Image of Derek M Love
Derek M Love
Managing Director, Tax, SALT Asset Mgmt, KPMG US
Read bio

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