New Mexico – Property Acquired Outside New Mexico

SALT Report 1658 – The New Mexico Taxation and Revenue Department recently amended the gross receipts and compensating tax regulations regarding nexus and purchases of tangible personal property. Regulation 3.2.10.8 provides that property acquired… Continue reading New Mexico – Property Acquired Outside New Mexico

Virginia – Taxability of Purchases Made on Behalf of the US Government

SALT Report 1657 – The Virginia Department of Taxation issued a ruling regarding a Taxpayer’s rentals of stage equipment and supplies used to provide entertainment, production, and promotional services for various naval air station events. In Vi… Continue reading Virginia – Taxability of Purchases Made on Behalf of the US Government

New Mexico – Using Multijurisdictional Exemption Certificates in Place of NTTC’s

SALT Report 1656 – The New Mexico Taxation and Revenue Department ruled that a valve and fitting company was not liable for New Mexico gross receipts tax on certain transactions for which it obtained multijurisdictional sales and use tax certifica… Continue reading New Mexico – Using Multijurisdictional Exemption Certificates in Place of NTTC’s

Kansas – Revised Exemption Certificate Publication

SALT Report 1655 – The Kansas Department of Revenue has revised its sales and use tax publication regarding exemption certificates. The publication provides guidance for receiving and using exemption certificates, the exemption certificates curren… Continue reading Kansas – Revised Exemption Certificate Publication