State and local tax news brought to you by Zaldivar and Associates
SALT Report 2532 – The South Carolina Legislature amended the 1% environmental surcharge imposed on the gross proceeds from sales of laundering and dry cleaning services. The amendments provide that the following facilities are exempt from the surcharge: Dry cleaning Continue reading South Carolina – Dry cleaning Surcharge Amended
SALT Report 2531 – The Virginia Tax Commissioner issued a ruling regarding the taxability of video content delivered over the internet. The Taxpayer sells and rents videos which it delivers over the Internet to its customers’ high definition televisions or Continue reading Virginia – Video Content Streamed Over the Internet Not Taxable
SALT Report 2530 – The Colorado Department of Revenue announced that if you have a Login ID and Password that you use to access your Colorado tax account through Revenue Online, you now have the ability to send questions directly Continue reading Colorado – Secure Messaging Now Available
SALT Report 2529 – The South Carolina Department of Revenue issued guidance regarding the sales and use tax exemption for material handling systems and equipment. SC code section 12-36-2120(51) provides an exemption from sales and use tax for, “material handling Continue reading South Carolina – State Issues Guidance for Material Handling Equipment Exemption
SALT Report 2528 – The Florida Governor recently signed legislation that provides a temporary exemption for qualified manufacturing businesses. HB 7007 creates a sales and use tax exemption for industrial machinery and equipment purchased and used to manufacture, process, compound, Continue reading Florida – Temporary Manufacturing Exemption Enacted
SALT Report 2527 – The Tennessee Governor signed legislation that decreases the sales and use tax rate for sales of food and food ingredients for human consumption from 5.25% to 5%. The lower tax rate is effective July 1, 2013. Continue reading Tennessee – Decreased Tax Rate for Food
SALT Report 2526 – On May 6th, the U.S. Senate passed the Marketplace Fairness Act by a majority vote of 69 to 27 and soon the bill will be up for vote in the House of Representatives. If passed, the Continue reading Multi-State – Marketplace Fairness Act, What’s Next?