Wyoming – Vendor Compensation Credit Calculation

SALT Report 1742 – The Wyoming Department of Revenue issued guidance regarding the vendor compensation credit as many vendors are calculating their credit amount incorrectly. When completing a monthly or quarterly sales and use tax return, vendors… Continue reading Wyoming – Vendor Compensation Credit Calculation

Illinois – Taxability of Embolization Devices

SALT Report 1740 – The Illinois Department of Revenue issued a General Information Letter regarding a Taxpayer’s medical appliance. The Taxpayer manufactures embolization pledgets that are used by interventional cardiologists and interventional ra… Continue reading Illinois – Taxability of Embolization Devices

Texas – Tax Free Purchases by Out-of-State Schools

SALT Report 1739 – The Texas Comptroller issued guidance regarding purchases by out-of-state public universities, colleges, junior colleges, community colleges, and school districts. In Texas, government entities from other states are not exempt f… Continue reading Texas – Tax Free Purchases by Out-of-State Schools