Connecticut – Amended Sales and Use Tax Exemption, Luxury Tax Rates, and Remittance Requirements

SALT Report 2614 – Colorado Governor Dannel Malloy signed the State’s fiscal year 2014/2015 state budget into law. Included in the legislation is a reduction in the Connecticut luxury goods sales and use tax rate, an exemption for clothing and Continue reading Connecticut – Amended Sales and Use Tax Exemption, Luxury Tax Rates, and Remittance Requirements

Michigan – Taxability of Compressed Natural Gas and Liquefied Natural Gas

SALT Report 2613 – The Michigan Department of Treasury issued a letter ruling regarding whether compressed natural gas (CNG) or liquefied natural gas (LNG) are considered gasoline, diesel fuel, or liquefied petroleum gas and therefore subject to the taxes imposed Continue reading Michigan – Taxability of Compressed Natural Gas and Liquefied Natural Gas

Illinois – Guidance on Software Maintenance Agreements

SALT Report 2612 – The Illinois Department of Revenue issued a general information letter regarding the application of sales and use tax to computer software maintenance agreements. The Taxpayer in this case, is an IT consulting business who resells technology Continue reading Illinois – Guidance on Software Maintenance Agreements

Illinois – New Building Materials Exemption Certification Process

SALT Report 2611 – The Illinois Department of Revenue issued a reminder regarding changes in the application process for obtaining a sales tax exemption certificate for building materials. Beginning July 1, 2013, the building materials exemption will only be available Continue reading Illinois – New Building Materials Exemption Certification Process

New York – Legislature Approves Start-Up NY Program

SALT Report 2610 – The New York Legislature has approved the SUNY Tax-Free Areas to Revitalize and Transform Upstate New York program (START-UP) which provides corporate franchise, sales, and property tax exemptions to start-ups, venture capitalists, and new businesses. As Continue reading New York – Legislature Approves Start-Up NY Program

Maine – Amended Sales and Use Tax Laws

SALT Report 2609 – Recently enacted legislation in Maine amends certain sales and use tax laws regarding resale certificates, the application of tax on certain casual sales, and requests for appeals conferences. Issuance and Renewal of Resale Certificates On November Continue reading Maine – Amended Sales and Use Tax Laws