Virginia – Updated Guidelines for Accelerated Tax Payments

SALT Report 1565 – The Virginia Department of Taxation issued revised guidelines regarding accelerated sales tax payments. Recently enacted legislation increases the annual threshold for dealers and direct pay permit holders who are required to ma… Continue reading Virginia – Updated Guidelines for Accelerated Tax Payments

Missouri – Taxability of Medical Grade Oxygen and Nitrous Oxide

SALT Report 1563 – The Missouri Department of Revenue issued a Letter Ruling regarding a dental office’s purchases of medical grade oxygen and nitrous oxide. Missouri provides an exemption for medical grade oxygen for use in a general dentistry … Continue reading Missouri – Taxability of Medical Grade Oxygen and Nitrous Oxide

Rhode Island – Reminder to Pay Back Taxes by July 1

SALT Report 1562 – The Rhode Island Division of Taxation issued a reminder to all businesses that they must pay any back taxes owed by July 1, 2012, or they will not receive a renewed sales tax permit. Retailers who are current on their taxes will… Continue reading Rhode Island – Reminder to Pay Back Taxes by July 1

Indiana – Sales to a Related Corporation are Exempt

SALT Report 1561 – The Indiana Department of Revenue determined that a manufacturer’s sales of structural steel building components was not liable for Indiana sales or use tax because they were incorporated into parts that were sold to a sister … Continue reading Indiana – Sales to a Related Corporation are Exempt