South Carolina – Procedure Regarding Ethical Responsibilities and Sanctions for Practitioners

SALT Report 1198 – The South Carolina Department of Revenue has issued guidance, in question and answer form, summarizing tax practices, ethical responsibilities, and sanctions for practitioners. The Revenue Procedure addresses: Who may represent … Continue reading South Carolina – Procedure Regarding Ethical Responsibilities and Sanctions for Practitioners

Oklahoma – Economic Development Plans Involving Tax Revenue-Based Compensation

SALT Report 1197 – The Oklahoma Attorney General has issued an opinion on whether a city that cannot legally annex a commercial property can still contract with the property owner to annex the property in exchange for the city paying compensation … Continue reading Oklahoma – Economic Development Plans Involving Tax Revenue-Based Compensation

Vermont – Updated SST Taxability Matrix, Certificate of Compliance, and Notice to Sellers

SALT Report 1196 – The Vermont Department of Taxes has updated their Streamlined Sales and Use Tax taxability matrix and their certificate of compliance. The updated matrix and certificate of compliance address issues raised by the SST Compliance … Continue reading Vermont – Updated SST Taxability Matrix, Certificate of Compliance, and Notice to Sellers

Connecticut – Guidance Regarding Returned Goods, Even Exchanges, and Trade-Ins

SALT Report 1195 – The Connecticut Department of Revenue Services has issued guidance regarding the treatment of sales and use taxes in connection with returns or exchanges of goods. It reflects 2011 legislative changes that impact: The sales and … Continue reading Connecticut – Guidance Regarding Returned Goods, Even Exchanges, and Trade-Ins