Minimum Purchase Threshold Removed: Effective Oct. 1, 2013, there will be no minimum purchase threshold requirement for exemption on the sale of gold, silver or numismatic coins or of platinum, gold or silver bullion thanks to House Bill 78. Before, only sales of $1,000 or more to a purchaser in a single transaction qualified for…
TEXAS – Effective January 1, 2014, House bill 3572 will lower the mixed beverage gross receipts tax rate from 14% to 6.7%. It also imposes an 8.25% mixed beverage sales tax. A mixed beverage permittee will collect an 8.25% tax on each mixed beverage whether it’s sold, prepared or served. The new sales tax will…
LOUISIANNA – Reminder, today November 22, 2013 is the last day for this year to file for statutory amnesty covering all taxes administered by the Department of revenue except motor fuel taxes and certain penalties. Applicable years are taxable periods that began before January 1, 2013 and for taxes due prior to January 1, 2013…
TEXAS – Effective September 1, 2013, Senate Bill 905 authorizes the holder of a distiller’s and rectifier’s permit to sell distilled spirits to customers for on and off premises consumption. Distilled spirits sales for off-premises consumption will be subject to sales tax. Distilled spirits sales at the distillery will be subject to mixed beverage tax….
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Beginning September 23 through November 22, 2013 there will be a statutory amnesty. It will cover all taxes administered by the Department of revenue except motor fuel taxes and certain penalties. Applicable years are taxable periods that began before January 1, 2013 and for taxes due prior to January 1, 2013 for which the Department…
Big thanks to Tart Bakery, the tartlets were a hit!
CONNECTICUT – Starting today, September 16 through November 15, 2013 there will be a statutory amnesty. It will cover all taxes administered by the Department of Revenue except motor carrier road tax. Applicable years are any tax period ending on or before November 30, 2012. Penalties will be waived. Only 75% of interest will be…
This year’s Second Amendment Sales Tax Holiday will run from September 6 – 8, 2013. A wide range of supplies will be exempt from the 4% state and local sales taxes, including: Shotguns, rifles, pistols, revolvers or other handguns Ammunition intended to be fired from a gun or firearm Accessories designed to be used for…
TEXAS – Snack foods will be exempt from sales tax, starting Sep. 1, 2013, unless sold through a vending machine or in individual-sized portions. If sold through vending machine or individual-sized portions, they will be taxable, no matter where they are sold. Snack foods included are: Breakfast bars, granola bars, nutrition bars, protein bars, sports…
