Illinois – Non-Reimbursed Coupons Are Not Taxable Receipts

SALT Report 1759 – The Illinois Department of Revenue issued a Private Letter Ruling regarding the taxability of discount coupons. The Taxpayer owns a chain of retail stores and as a promotional program he offers his customers a coupon to be used … Continue reading Illinois – Non-Reimbursed Coupons Are Not Taxable Receipts

Kentucky – Updated Amnesty Information

SALT Report 1758 – Kentucky Governor Steve Beshear issued a reminder regarding the state’s tax amnesty program. The program runs from October 1 through November 30, 2012 and allows anyone with unpaid tax liabilities to settle their debts without a… Continue reading Kentucky – Updated Amnesty Information

California – Accepting Resale Certificates for Salvaged Vehicles

SALT Report 1756 – The California Assembly recently passed a bill that limits who can purchase salvage certificate vehicles with a resale certificate. Currently permit holders are able to purchase salvage certificate vehicles with a resale certifi… Continue reading California – Accepting Resale Certificates for Salvaged Vehicles