Missouri – Taxability of Lease Payments for Property Purchased Out of State

SALT Report 2508 – The Missouri Department of Revenue issued a letter ruling regarding the taxability of monthly lease payments. In this case, the Taxpayer entered into a lease agreement with a Missouri Bank to finance its purchases of business Continue reading Missouri – Taxability of Lease Payments for Property Purchased Out of State

New York – Reporting Requirements for Natural Gas Exemption

SALT Report 2506 – The New York Department of Taxation issued a technical memo that explains the sales and use tax exemption for purchases of natural gas that will be converted to compressed natural gas and used or consumed in Continue reading New York – Reporting Requirements for Natural Gas Exemption

California – BOE Notifying More Retailers of Upcoming Visits

SALT Report 2505 – The California State Board of Equalization announced that an additional 9,943 retailers have been sent letters notifying them that they will be visited by Statewide Compliance and Outreach Program team members. The letters have been sent Continue reading California – BOE Notifying More Retailers of Upcoming Visits

California – Tax Practitioner Information Portal

SALT Report 2504 – The California State Board of Equalization announced that they have created a new section on their website specific to tax practitioners. The portal is designed to help you save time by putting information that is relevant Continue reading California – Tax Practitioner Information Portal

California – Taxpayers’ Bill of Rights Hearings

SALT Report 2503 – The California State Board of Equalization announced that they will be holding their annual Taxpayers’ Bill of Rights Hearing on May 22, 2013. The hearing is open to anyone with ideas or concerns regarding the administration Continue reading California – Taxpayers’ Bill of Rights Hearings