California – Mandatory Single Sales Factor Apportionment Formula Bill Passed

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

Illinois – Independent Tax Tribunal Created

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

Maryland – Expiring Exempt Organization Certificates

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

Multi-State – Nexus Provisions Enacted in Several States

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

North Carolina – Tax Guidance for Vendors at the Democratic National Convention

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

Washington – Liquid Nitrogen Used by Cancer Center Was Exempt

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