North Carolina – DOR Announces Creation of Business Advisory Committee

SALT Report 1480 – The North Carolina Department of Revenue has announced the formation of a Business Advisory Committee. The Committee is a partnership comprised of members of the DOR and 13 major corporations, accounting firms, and banks. The gr… Continue reading North Carolina – DOR Announces Creation of Business Advisory Committee

Virginia – Exemptions for Public Transportation Companies

SALT Report 1479 – The Virginia State Legislature recently passed a bill that expands the list of public transportation companies that qualify for an exemption from Virginia sales and use tax. Under the terms of HB 959 all transit companies that a… Continue reading Virginia – Exemptions for Public Transportation Companies

Virginia – Sales of Compressed Air for Scuba Diving Tanks Taxable

SALT Report 1478 – The Virginia Tax Commissioner ruled that a taxpayer’s sales of compressed air that he used to fill scuba diving tanks are sales of tangible personal property and subject to Virginia sales and use tax. Virginia Code 58.1-602 de… Continue reading Virginia – Sales of Compressed Air for Scuba Diving Tanks Taxable

New York – Software Used to Transfer Information is Taxable

SALT Report 1477 – The New York Department of Taxation and Finance determined that a taxpayer’s sale of products used to transfer information between businesses and their customers is considered the sale of prewritten software and subject to New… Continue reading New York – Software Used to Transfer Information is Taxable

New York – Real Estate Consulting Services Not Taxable

SALT Report 1476 – The New York Department of Taxation and Finance ruled that a taxpayer’s real estate consulting services are not subject to New York state or local sales and use taxes. The taxpayer’s services include collecting, compiling, a… Continue reading New York – Real Estate Consulting Services Not Taxable