Louisiana – Tax Equalization Program

SALT Report 1308 – The Louisiana Department of Economic Development has adopted rules regarding the tax equalization program for franchise tax, corporate income tax, and sales and use tax. The Tax Equalization Program is an incentive program desig… Continue reading Louisiana – Tax Equalization Program

Wyoming – Vendor Credit for Early Payment of Taxes

SALT Report 1307 – The current issue of the Wyoming Department of Revenue’s publication, Taxing Issues, discusses Vendor Compensation Credits. Pursuant to H.B. 147, vendors and direct payers will be allowed to take a credit on their Wyoming sales … Continue reading Wyoming – Vendor Credit for Early Payment of Taxes

Georgia – Guidance Issued for Boat and Trailer Dealers

SALT Report 1305 – The Georgia Department of Revenue has issued sales and use tax guidance for watercraft and trailer dealers. Georgia law provides an exemption for “sales of watercraft manufactured or assembled in Georgia and used exclusively out… Continue reading Georgia – Guidance Issued for Boat and Trailer Dealers