Texas – Sales Tax Deductions on Federal Income Tax Returns

SALT Report 1451 – Texans who itemize deductions on their federal income tax will be able to deduct state and local sales or use taxes when they file their 2011 income tax returns. Eligible deductions include sales or use taxes paid on big-ticket … Continue reading Texas – Sales Tax Deductions on Federal Income Tax Returns

Texas – Expired Grace Period for Alcohol Sales Reporting

SALT Report 1449 – The Texas Comptroller’s quarterly newsletter, Tax Policy News, discusses the requirements for alcoholic beverage sales reporting. In 2011, the Texas House passed HB 11 and provided alcohol suppliers a six-month grace period befo… Continue reading Texas – Expired Grace Period for Alcohol Sales Reporting

New Mexico – Exemptions for Electric Conversion Facilities

SALT Report 1448 – The New Mexico Legislature approved and signed into law HB 116 which provides an exemption for electricity used in the production and transmission of electricity and expands a prior exemption to include voltage source conversion… Continue reading New Mexico – Exemptions for Electric Conversion Facilities

New York – Taxability of Internet Data Centers

SALT Report 1447 – The New York Department of Taxation and Finance issued a sales tax bulletin regarding Internet data centers. If a taxpayer operates an Internet data center in New York, certain purchases of property and services may be exempt fr… Continue reading New York – Taxability of Internet Data Centers

Indiana – Predominant Use Exemption for Utilities

SALT Report 1446 – The Indiana Department of Revenue conducted a sales/use tax audit on an Indiana taxpayer who manufactures asphalt for the construction of roads, parking lots, and driveways. During the audit, the Department found that the taxpay… Continue reading Indiana – Predominant Use Exemption for Utilities

New Jersey – Tax Responsibilities of Persons Deemed Sellers

SALT Report 1445 – The New Jersey Legislature passed a bill that, effective immediately, revises the definition of “persons deemed sellers” in New Jersey. Under A2003, a person would be deemed a seller and would be required to collect and remit sa… Continue reading New Jersey – Tax Responsibilities of Persons Deemed Sellers