Maine – Exemption for Commercial Uses of Electricity

SALT Report 1859 – Maine Revenue Services updated their fuels and utilities publication to include a new exemption for certain commercial uses of electricity. 36 MRSA 2013 provides that “electricity used by commercial farmers, commercial fis… Continue reading Maine – Exemption for Commercial Uses of Electricity

South Carolina – Taxpayers Exposed to Cyber Attack to Receive Protection

SALT Report 1858 – The South Carolina Department of Revenue announced that approximately 3.6 million Social Security numbers and 387,000 credit and debit card numbers have been exposed in a cyber-attack. South Carolina Governor Nikki Haley said, “… Continue reading South Carolina – Taxpayers Exposed to Cyber Attack to Receive Protection

Maryland – New Exemption for Machinery and Equipment

SALT Report 1857 – The Maryland Comptroller issued a tax bulletin regarding changes to Maryland sales and use tax laws that were recently enacted by the General Assembly. Included in the bulletin is House Bill 1301 which exempts from Maryland sale… Continue reading Maryland – New Exemption for Machinery and Equipment

Maryland – New Sales and Use Tax Returns

SALT Report 1856 – The Maryland Comptroller’s Office has made several changes to its 2012 – 2013 sales and use tax forms. Through the month of October, businesses that file paper sales and use tax returns should use the “old” version of the monthl… Continue reading Maryland – New Sales and Use Tax Returns

Michigan – State’s Supreme Court Denies Review of Bad Debt Decision

SALT Report 1855 – Following recent court decisions in Arizona and Kentucky, the Michigan Supreme Court has denied a Taxpayer’s request to review a Court of Appeals decision regarding bad debt deductions. The Michigan Court of Appeals ruled that a… Continue reading Michigan – State’s Supreme Court Denies Review of Bad Debt Decision