State and local tax news brought to you by Zaldivar and Associates
SALT Report 1683 – The California General Assembly passed a bill that, if enacted, will require most multistate taxpayers to use a single sales factor formula to apportion their business income when determining their corporate franchise and income… Continue reading California – Mandatory Single Sales Factor Apportionment Formula Bill Passed
SALT Report 1682 – The Illinois Legislature recently created a Tax Tribunal independent of the Department of Revenue. Effective July 1, 2013 the Tribunal will have the authority to hear and resolve tax disputes between the DOR and taxpayers prior … Continue reading Illinois – Independent Tax Tribunal Created
SALT Report 1681 – The Texas Comptroller issued sales tax guidance regarding web based services provided by a company on behalf of unrelated sellers. The Taxpayer’s company provides vendors the ability to sell goods on the internet through a web-b… Continue reading Texas – Internet Store Selling Services
SALT Report 1680 – The Maryland Comptroller issued a reminder for all exempt organizations that have Maryland exempt organization forms. These forms are expiring as of September 30, 2012 and every exempt organization must reapply to receive a new … Continue reading Maryland – Expiring Exempt Organization Certificates
SALT Report 1679 – The Washington Department of Revenue issued a notice regarding the taxability of discount, or deal-of-the-day vouchers. As a general rule, if a customer redeems a discount voucher when purchasing a product or a retail service, t… Continue reading Washington – Deal-of-the-Day Vouchers
SALT Report 1678 – The California State Legislature recently passed a bill regarding use tax reporting. Generally, any transaction not subject to sales tax, that is stored, used, or consumed in the state is liable for use tax, and the purchaser mu… Continue reading California – Use Tax Filing Date
SALT Report 1677 – The Florida Department of Revenue issued guidance regarding a Taxpayer’s sales of a surgical spray and the accompanying supply kits. The surgical spray is a sterile sealant that is sprayed on the lungs during surgery and is used… Continue reading Florida – Exempt Medical Supplies
SALT Report 1676 – The collection of sales and use tax on internet purchases has been a matter of debate for many years. Most states are waiting for federal legislation to mandate the way they require out-of-state businesses to collect and remit s… Continue reading Multi-State – Nexus Provisions Enacted in Several States
SALT Report 1675 – The North Carolina Department of Revenue issued guidance for vendors participating in the upcoming Democratic National Convention in Charlotte. North Carolina requires all vendors to collect and remit sales tax to the Department… Continue reading North Carolina – Tax Guidance for Vendors at the Democratic National Convention
SALT Report 1674 – The Washington Department of Revenue ruled that a Taxpayer was entitled to a refund of Washington sales tax on its purchases of liquid nitrogen used to store tissue samples used for cancer research. Washington provides an exempt… Continue reading Washington – Liquid Nitrogen Used by Cancer Center Was Exempt