201811.30
0

2019 State Business Tax Climate Index – Sales Taxes

MULTISTATE – The Tax Foundation has released its 2019 State Business Tax Climate Index. This Tax Climate Index is made up of 5 major components. Individual Taxes Corporate Taxes Sales Taxes Property Taxes Unemployment Insurance Taxes In this blog, we’re discussing how states rank on sales taxes. 25.3% of each state’s overall score is determined…

201708.23
0

Multistate Online Sellers Voluntary Disclosure

Multistate – The Multistate Tax Commission and the National Nexus Program is offering a special limited-time voluntary disclosure initiative, in which the following states are participating: Alabama Arkansas Colorado Connecticut Florida Idaho Iowa Kansas Kentucky Louisiana Nebraska New Jersey Oklahoma South Dakota Texas Utah Vermont Wisconsin The states listed above will consider applications for voluntary…

201608.03
0

Back To School Sales Tax Holiday

NATIONWIDE – According to the National Retail Federation, Back To School is a $72 billion industry. On average, a family spends $637.78 on apparel, shoes, supplies and electronics to get ready for the school year. Sales have started popping up and so have the dates for the Back to School Sales Tax Holidays. Alaska, Delaware,…

201511.04
0

Oklahoma 2015 Amnesty coming to an end

OKLAHOMA – From September 14, 2015 through November 13, 2015, a statutory amnesty is taking place in Oklahoma. The taxes covered under this amnesty are gasoline and diesel taxes, gross production and petroleum excise taxes, corporate income tax, bank “in-lieu” taxes, individual income tax, withholding taxes, sales and use taxes, and mixed beverage taxes. Applicable…

201507.27
0

Upcoming Oklahoma Statutory Amnesty

OKLAHOMA – Starting on September 14, 2015 through November 13, 2015, a statutory amnesty will take place.  The taxes covered under this amnesty will be gasoline and diesel taxes, gross production and petroleum excise taxes, corporate income tax, bank “in-lieu” taxes, individual income tax, withholding taxes, sales and use taxes, and mixed beverage taxes.  Applicable…

201301.10
0

Oklahoma Sales Tax Enforecement

Senate Bill 1984 took effect November 1, 2012 and will give the state Tax Commission the authority to shut down businesses out of compliance with paying state sales taxes. A business is considered noncompliant if for three months during a 24-month period the fail to report or remit sales taxes. Paula Ross, Oklahoma Tax Commission,…