201502.25
0

Increase in Sales Tax Generates $49 Million

by Chanel Christoff Davis in Compliance, Sales Tax Maintenance, State Sales Tax Laws

COLORADO– Bolder County introduced new sales tax rates effective January 2015.  The new breakdown for the tax rate is as follows: Bolder County 0.985% State of Colorado 2.9% Regional Transportation District 1.0% Scientific Cultural District 0.1% Total 4.985% The Bolder Country rate increase is 0.185% from the previous 0.8%.  This rate was approved by voters…

201502.19
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Changes to Comptroller’s Website and Email Addresses

by Chanel Christoff Davis in Featured, States, Texas

TEXAS – The agency’s website address is now http://comptroller.texas.gov/. Employee email address will now be [email protected]. The previous Window on the State government website and email address format, [email protected], will work for about another year and will then redirect to the new format.  Update your bookmarks or links to the State’s website. For sales/use tax…

201502.18
0

Tax Structure Reform for Car Leases

by Chanel Christoff Davis in Compliance, State Sales Tax Laws

ILLINOIS– House Bill 2317 makes computing tax on car leases simpler starting the first of this year.  Signed by Governor Pat Quinn last spring, the Illinois law will save lessees about 50% on their sales tax for leasing passenger cars, light trucks, recreation vehicles, and passenger vans.  Under the new law lessees will only pay…

201502.11
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Proposed Missouri Use Tax on RVs

by Chanel Christoff Davis in Compliance, State Sales Tax Laws

MISSOURI – Cape Girardeau County Commissioners voted in January to approve a 1% use tax, subject to voter approval. The voter-approved use tax can be levied on out-of-state purchases of titled vehicles, including automobiles, boats, recreational vehicles, and other tangible personal property purchased out of state.  Buyers will be required to file a use-tax return with the…

201502.04
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Marijuana Sales Tax Less Than Expected

by Chanel Christoff Davis in Compliance, State Sales Tax Laws

COLORADO– According to economists at Colorado Legislative Council, 2014 marijuana sales tax revenues were not as great as anticipated for their first year of sales.  Though proponents of the legalization of the controlled substance argued large tax revenues for the state, those original estimates were severely inflated.  Now able to analyze the revenue data, the…

201501.28
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New Sales Tax Laws in California

by Chanel Christoff Davis in Compliance, Sales Tax Audit Defense

CALIFORNIA- State Senator Bob Hertzberg formally introduced his first bill, Senate Bill 8, as 2014 came to a close.  The bill, also known as The Upward Mobility Act, will impose sales and use tax to additional specific services provided in the state to increase state revenue. The economy of California has changed radically since the current…

201501.21
0

Texas Comptroller Web Access Restored

by Chanel Christoff Davis in Compliance, States, Texas

From the Texas Comptroller of Public Accounts Note: If you have already filed or paid your taxes with our office for the filing period ending Dec. 31, 2014, please disregard this message. Access to Texas Comptroller of Public Accounts website and most e-systems has been restored. Please note, due to the volume of traffic, our…

201409.15
0

Hot Air Balloon Rides

by Chanel Christoff Davis in Compliance

MISSOURI – Sales of hot air balloon rides are exempt from Missouri sales tax, as determined by the Missouri Supreme Court. Courts decided that hot air balloons meet the federal definition of “air commerce” because they have a potential to endanger safety in interstate air commerce.  States may not impose any tax or fee on…

201409.08
0

No More Sales Tax for Wine Tasting

by Chanel Christoff Davis in Compliance

ALBANY, NY – Sales tax will no longer be added to the charge for tastings at wineries.  The state is also creating a $350,000 fund to research hops and malting barley for beer. During an April summit, wineries pushed for this change since they were already exempt from paying a use tax. Gov. Andrew Cuomo…