MISSISSIPPI – Effective July 1, 2013, sales and use tax exemptions have been enacted for the following: • School fund-raising items; • Medical equipment and home medical supplies; • Honey bees and honey products; • Sales to Mississippi Blood Services. K-12 School Fund-Raising Items: Sales of tangible personal property made for the sole purpose of…
MISSOURI – There will be an upcoming statutory amnesty beginning August 1, 2013 through October 31, 2013. Taxes covered will be all administered by DOR. Applicable years included are all liabilities due before and on December 31, 2012. Penalty and interest will be waived. Participants won’t be eligible for future amnesty on the same tax….
LOUISIANNA: There will be an upcoming statutory amnesty starting on July 1, 2013 through December 31, 2015. Taxes covered will be all administered by DOR except motor fuel taxes and certain penalties. Applicable years include July 1, 2001 through January 1, 2013 and prior taxable periods if ineligible for an earlier amnesty. Also taxes due…
CONNECTICUT – There will be an upcoming statutory amnesty beginning on September 16, 2013 through November 15, 2013. It will cover all taxes administered by DOR except motor carrier road tax. It will be applicable to any tax period ending on or before November 30, 2013. Penalties will be waived along with 75% interest waived….
OHIO – The Toledo Mud Hens, a minor league team who plays in the International League, and the Ohio Department of Taxation are not in agreement over the team’s tax exempt status. The Toledo Mud Hens Baseball Club, Inc. is setup as a nonprofit but according to the Department of Taxation that doesn’t exempt the…
The 2013 Energy Star sales tax holiday will run from Saturday, May 25 – Monday, May 27th. Qualifying products will display the Energy Star logo. Qualifying products are: • Air conditioners priced at $6,000 or less • Refrigerators priced at $2,000 or less • Ceiling fans • Incandescent and fluorescent light bulbs • Clothes washers…
The state sales and use tax rate on natural gas and electricity used by manufacturers directly in manufacturing will be reduce to 1% starting July 1, 2014 and then reduced to 0% starting July 1, 2015. Such sales of natural gas and electricity to manufacturers will remain subject to the 0.125% excise tax under Amendment…
ARKANSAS – Sales of electricity, liquefied petroleum gas and natural gas used by a qualifying agricultural structure and by qualifying aquaculture or horticulture equipment are exempt, starting January 1, 2014, from sales and use tax. A utility cover by this exemption must be separately metered. Qualifying agricultural structure means: • A poultry or livestock facility…
Washington- Monday May 6, 2013, the U.S. Senate passed the internet sales tax bill named the Marketplace Fairness Act.“After 20 years, there is finally light at the end of the tunnel for our brick-and-mortar businesses,” said Rep. Steve Womack, R-Ark., the bill’s House sponsor, according to the New York Times. “Saving local retail business depends…
ARIZONA – The sale of orthodontic devices dispensed by a licensed dental professional to a patient is exempt from state and municipal transaction privilege taxes. The exemption is retroactive to September 20, 2007.
