Virginia – Failure to File Sales Tax Returns and Insufficient Records Led to Assessment

SALT Report 1905 – The Virginia Tax Commissioner issued a ruling regarding a Taxpayer’s appeal of an audit assessment. The Taxpayer operates an independent grocery store and was audited because he had not filed sales tax returns with the Departm… Continue reading Virginia – Failure to File Sales Tax Returns and Insufficient Records Led to Assessment

Virginia – Power Wash System Does Not Qualify for Manufacturing Exemption

SALT Report 1904 – The Virginia Tax Commissioner issued a ruling regarding a Taxpayer’s application of the manufacturing exemption on its purchases of repair parts for an integrated power wash system. The Taxpayer is a manufacturer of paint and … Continue reading Virginia – Power Wash System Does Not Qualify for Manufacturing Exemption

New York City – Emergency Tax Exemption Program

SALT Report 1903 – The New York City Industrial Development Agency established the Hurricane Emergency Sales Tax Exemption Program (HESTEP) to provide emergency assistance to small businesses affected by Hurricane Sandy. This program will provide … Continue reading New York City – Emergency Tax Exemption Program