Florida – Exemption for Natural Gas and Natural Gas Fuels

SALT Report 2584 – The Florida House of Representatives enacted legislation that creates a sales and use tax exemption for natural gas and natural gas fuel when placed into the fuel supply system of a motor vehicle. In addition to Continue reading Florida – Exemption for Natural Gas and Natural Gas Fuels

Missouri – Taxability of Ready-to-Eat Foods, Vitamins, and Supplements

SALT Report 2583 – The Missouri Department of Revenue issued a letter ruling regarding the application of sales tax to a Taxpayer’s sales of ready to eat foods, vitamins, and supplements. The Taxpayer operates a weight loss center and diet Continue reading Missouri – Taxability of Ready-to-Eat Foods, Vitamins, and Supplements

Missouri – Sales of Injectable Medications

SALT Report 2582 – The Missouri Department of Revenue issued a Letter Ruling regarding the taxability of various injectable medications designed to treat male sexual dysfunction. The medications are sold pursuant to a prescription and are designed for ongoing, at-home Continue reading Missouri – Sales of Injectable Medications

Texas – New Research and Development Exemption and Tax Credit

SALT Report 2581 –Texas recently enacted legislation that provides either a sales tax exemption or a franchise tax credit to entities who conduct qualified research and development activities in the State. Specifically, House Bill 800 amends chapters 151 and 171 Continue reading Texas – New Research and Development Exemption and Tax Credit

Texas – Exemption for Certain Snack Items

SALT Report 2580 – The Texas State Legislature amended the sales and use tax exemption for food products to include certain snack items. Under the provisions of Senate Bill 1151 exempt snack items include the following: Breakfast bars, granola bars, Continue reading Texas – Exemption for Certain Snack Items