Friday, July 17, 2009

Shipping Charges Taxable?

Freight charges always seem to be a thorn in the side of tax professionals. They're usually too small to worry about on an individual transaction basis, but they can loom large in sample audits where just a few errors in a sample can translate to huge assessments when extrapolated to a population.

Thursday, July 16, 2009

Sales Tax Rate Changes Announced For: AL, IL, KS & NY

Monday, July 13, 2009 - NEW YORK CITY

New York City --Multiple Taxes: Senate Passes Combined Reporting, Sales Tax Rate Increase Bills

The New York Senate has passed A.B. 8615, A.B. 8866, and A.B. 8867, which contain a variety of New York City sales tax, corporation tax, and unincorporated business tax provisions that are part of a revenue package that was passed by the Assembly on June 16, 2009.

Friday, July 10, 2009

Sales Tax Rate Changes Announced For: AZ, DE, IN, OK & WA

Monday July 6, 2009 - SEE BELOW

Arizona --Sales and Use Tax: Local Tax Rate Changes Announced

The Arizona Department of Revenue has announced that effective July 3, 2009, Marana will increase the rate of taxation for the transient lodging add tax to 6% (previously, 3%). Additionally, effective August 1, 2009, Thatcher will increase the rate of taxation for the food tax to 2% (previously, 1.5%).

Thursday, July 2, 2009

Finally Some Good News for Manufacturers

These days, when it comes to sales/use taxes, good news is hard to come by. So many states are increasing taxes and rolling back exemptions and stepping up audit enforcement. A quick perusal of the headlines provides all the proof. New York, North Carolina, California and others are taking the position that merely having otherwise unrelated people sign up as affiliates in those states means that Amazon.com (and other similarly situated companies) have nexus in those states. That's what you call aggressive.