West Virginia – 2012 Purchaser’s Use Tax Return Available

SALT Report 2017 – The West Virginia State Tax Department has issued its 2012 Purchaser’s Use Tax Return and instructions. Schedule UT should be filed by individuals who owe use tax on their purchases of taxable tangible personal property and serv… Continue reading West Virginia – 2012 Purchaser’s Use Tax Return Available

Michigan – Prepayment Required for Diesel Fuel

SALT Report 2016 – The Michigan State Legislature passed a bill that extends the gasoline sales tax prepayment requirement to purchasers of diesel fuel. The terms of the bill require that at the time of purchase or shipment from a refiner, pipelin… Continue reading Michigan – Prepayment Required for Diesel Fuel

New York – Exemption for Liquefied Natural Gas

SALT Report 2015 – The New York Department of Taxation and Finance issued a bulletin regarding the taxability of Liquefied Natural Gas. New York provides an exemption from excise taxes, petroleum business taxes, prepaid sales taxes and state and l… Continue reading New York – Exemption for Liquefied Natural Gas

Michigan – Exemption for Property Affixed to Out-of-State Real Estate

SALT Report 2014 – The Michigan State Legislature passed a bill that provides a use tax exemption for property purchased or manufactured by a taxpayer who is constructing, altering, repairing, or improving real estate. Qualified property must be p… Continue reading Michigan – Exemption for Property Affixed to Out-of-State Real Estate

Tennessee – Taxability of Coins Sold as Precious Metals or Collectibles

SALT Report 2013 – The Tennessee Attorney General issued an opinion regarding the taxability of gold and silver coins. Specifically, the opinion addresses whether the state can legally collect sales tax on exchanges of gold and metal coins, as wel… Continue reading Tennessee – Taxability of Coins Sold as Precious Metals or Collectibles