New Mexico – Governor Proposes Tax Breaks for Businesses

SALT Report 1332 – New Mexico Governor Susana Martinez has released her budget proposal for Fiscal Year 2013. If passed, the budget would make changes to the state’s gross receipts tax laws and would offer a tax credit for businesses that engage i… Continue reading New Mexico – Governor Proposes Tax Breaks for Businesses

Louisiana – Guidance Issued Regarding Sampling and Managed Audits

SALT Report 1331 – The Louisiana Department of Revenue has issued guidance regarding Act 171, H.B. 209, which authorizes the Secretary of Revenue, or someone designated on his behalf, to enter into binding agreements to use sampling procedures as … Continue reading Louisiana – Guidance Issued Regarding Sampling and Managed Audits

Texas – 2012 Interest Rate for Credits, Refunds and Taxes Due

SALT Report 1330 – The Texas Comptroller has released their 2012 interest rate schedule for all past due taxes, taxes paid in error, or credits. The rate for 2012 is set at 4.25% which is 1% over the prime rate that was published in the Wall Stree… Continue reading Texas – 2012 Interest Rate for Credits, Refunds and Taxes Due

Texas – 2012 Interest Rate for Credits, Refunds and Taxes Due

SALT Report 1330 – The Texas Comptroller has released their 2012 interest rate schedule for all past due taxes, taxes paid in error, or credits. The rate for 2012 is set at 4.25% which is 1% over the prime rate that was published in the Wall Stree… Continue reading Texas – 2012 Interest Rate for Credits, Refunds and Taxes Due

Kansas – Guidance for Farm Machinery Attachments

SALT Report 1329 – The Kansas Department of Revenue has issued a sales and use tax publication for the agricultural industry. The publication has been updated to include information regarding farm machinery attachments. Kansas sales tax law provid… Continue reading Kansas – Guidance for Farm Machinery Attachments