California – Late Electronic Tax Payments

SALT Report 1532 – The California BOE issued guidance regarding late electronic tax payments that accompany a filed return or prepayment. When a tax payment is late, even by one day, the interest is charged on a monthly basis. However, the BOE rec… Continue reading California – Late Electronic Tax Payments

Indiana – Exclusion From Tax for Certain Utilities

SALT Report 1531 – The Indiana Department of Revenue has updated its guidance regarding the taxability of utilities used in manufacturing, production, recycling, floriculture and arboriculture. Under IC 6-2.5-4-5 “a power subsidiary or person enga… Continue reading Indiana – Exclusion From Tax for Certain Utilities