GEORGIA – This year, farmers will get some new tax breaks due to state lawmakers approving changes to give them additional sales tax exemptions. There is a trade-off, regular consumers will have to pay sales tax on some items that were tax-exempt in the past. Regular customers began being taxed on January 1, 2012, for…
TULSA, OK – Tulsa residents can apply for a $25 rebate for sales tax from 2008 Fix Our Street package if they qualify. Application must be submitted by April 15, 2013 to the City of Tulsa. Eligible citizens need to be of age 65 or older in 2012. Citizens may also apply if eligible by…
TEXAS – A TaxFree Shopping office was added to the Galleria Dallas, where customers can get instant sales tax refunds. It is located on the third floor near Old Navy. About 30 percent of its yearly visitors are from outside the US. Aside from the office inside the DFW Airport, the Galleria and Paragon Outlets…
NEW JERSERY – A bill for an extra 5 percent sales tax on guns and ammunition has been introduced by an assemblywoman. The money would go into a “Safety Tax Fund” to purchase items such as security cameras, electronic emergency notification systems, devices controlling entrances, panic buttons and doors that can be locked from inside…
ILLINOIS – A “violence tax” on guns has been approved in the Chicago area BY Cook County commissioners. City law prohibits gun sales in Chicago, but the $25 tax on every gun purchased in the county is meant to offset health care and other costs of gun violence, said Toni Preckwinkle, Board President. The average…
MASSACHUSETTS – Beginning November 2013, Amazon.com will start to collect sales tax in Massachusetts. This comes after purchasing the warehouse-robotics company Kiva Systems, in North Reading, and open a technology office in Cambridge. Paul Misener, Amazon’s VP of global public policy said that the company looks forward “to creating hundreds of high tech jobs in…
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,…
Texas, San Antonio in particular is becoming a magnet for international shoppers due to quick, on-the-spot sales tax refund. Many tourists come to Texas to do their Christmas shopping to take advantage of the sales tax refund program. Federal law allows sales tax refunds for foreign tourists as long as they take their purchases back…
Forty-two states have an income tax, and people in those states can use it as a permanent deduction from their federal taxes. Of course, Texas doesn’t have an income tax, but instead are allowed to deduct their state and local sales taxes. And through 2011, a lot of Texas taxpayers took a deduction for sales…
