Arkansas – Exemption for Farm Machinery and Equipment

SALT Report 1376 –The latest issue of the Arkansas State Revenue Tax Quarterly Newsletter discusses the sales tax exemption for new and used farm machinery and equipment. Arkansas Code Ann. 26-52-403 provides an exemption from sales tax for new… Continue reading Arkansas – Exemption for Farm Machinery and Equipment

Wisconsin – Sales and Use Tax Bulletin

SALT Report 1375 – The latest issue of the Wisconsin Sales and Use Tax Report provides information regarding recent changes to sales and use tax law and other pertinent sales and use tax information. Advertising and Promotional Direct Mail A selle… Continue reading Wisconsin – Sales and Use Tax Bulletin

Massachusetts – Governor Proposes Tax Increases

SALT Report 1374 – Massachusetts Governor Deval Patrick proposed in his 2013 budget for an increase in the cigarette tax, the imposition of a sales tax on candy and soda sales, and an amendment to the room occupancy tax. In his budget the governor… Continue reading Massachusetts – Governor Proposes Tax Increases

Connecticut – Paying Connecticut Taxes by Electronic Funds Transfer

SALT Report 1372 – The Connecticut Department of Revenue Services has released guidance explaining the requirement and methods for paying taxes and filing returns electronically. Who must pay by EFT? Taxpayers who meet one of the following require… Continue reading Connecticut – Paying Connecticut Taxes by Electronic Funds Transfer

Indiana – Exemptions for Nonprofits, State Colleges, and Universities

SALT Report 1371 – Indiana has updated its sales tax bulletin regarding exemptions for Indiana state colleges and universities that are nonprofit organizations or governmental agencies. Indiana provides certain exemptions from sales and use tax fo… Continue reading Indiana – Exemptions for Nonprofits, State Colleges, and Universities

Washington – Electronic Funds Transfer Program

SALT Report 1370 – The Washington Department of Revenue has updated their publication regarding electronic funds transfer (EFT) options. EFT is mandatory for all taxpayers that have an excise tax liability of $240,000 or more, however other taxpay… Continue reading Washington – Electronic Funds Transfer Program

Vermont – Tax Advisory Board Created

SALT Report 1368 – The Vermont Department of Taxes announced the formation of the Vermont Tax Advisory Board. VTAB was created to advise the Tax Commissioner on issues related to tax administration for all tax types, including personal income tax,… Continue reading Vermont – Tax Advisory Board Created

Florida – Motor Vehicle Sales Tax Rates

SALT Report 1367 – The Florida Department of Revenue released tax information regarding motor vehicles sold in Florida to residents of another state. Florida Statute section 212.08(10) allows “a partial exemption for a motor vehicle purchased by a… Continue reading Florida – Motor Vehicle Sales Tax Rates