Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
TEXAS – Shoppers, upcoming break from state and local sales and use taxes on purchases of certain energy efficient products May 28-30, 2016. 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 • Dishwashers…
Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
Overview: Many companies are focused on new product offerings, growing the business, and expanding into new territories. Have you determined how your business growth impacts your sales/use tax outlook? · Starting a new division of your business? · Launching a new product or service line? · Expanding your business into a new territory? · Attending…
TEXAS: Per Ballotpedia.org, The Texas Sales and Use Tax Revenue for Transportation Amendment, Proposition 7 is on the November 3, 2015 ballot in Texas as a legislatively-referred constitutional amendment. The measure, upon voter approval, would provide additional funding for the State Highway Fund. The amendment would dedicate $2.5 billion of revenue from the sales and…
TEXAS -After two-years of wrangling over sales tax, in 2012, former comptroller Susan Combs reached an agreement with the on-line retailer over uncollected and un-remitted sales tax owed to the state. In 2010, Texas sent a demand letter for $269 million in sales taxes that the state argued should have been collected and remitted for…
TEXAS – The State’s annual “Back to School” sales tax holiday will be held August 7 – 9th. Most clothing, footwear, school supplies and backpacks priced under $100 will be exempt from sales and use tax. This includes items sold online, by telephone or mail. Lay-away plans can be used to take advantage of the…
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…
MISSOURI – There will be an upcoming statutory amnesty starting September 1, 2015 through November 30, 2015. It will include income, sales, use, corporate and franchise taxes. Applicable years will be tax liabilities due as of 12/31/2014. Penalty and interest will be waived. Participants will not be eligible to participate in any future amnesty for…
