Hawaii – Receipt and Record-Keeping Requirements Amended

SALT Report 2620 – The Hawaii State Legislature amended the State’s receipt and record-keeping requirements to reflect that they now apply to all taxpayers who conduct business under the State’s general excise tax laws. Specifically, the law now provides that Continue reading Hawaii – Receipt and Record-Keeping Requirements Amended

California – Certain Products No Longer Subject to Lumber Assessment

SALT Report 2619 – The California State Board of Equalization announced that the following products are no longer subject to the California Lumber Products Assessment effective July 1, 2013: Hardieplank lap siding Hardiepanel vertical siding Hardieshingle siding Hardiesoffit panels Hardietrim Continue reading California – Certain Products No Longer Subject to Lumber Assessment

Mississippi – Reduced Rate for Sales of Fuel to Oil and Gas Producers

SALT Report 2618 – The Mississippi Department of Revenue issued guidance regarding the reduced sales tax rate of 1.5% for sales of electricity, current, power, steam, coal, natural gas, liquefied petroleum gas, and other fuels that takes effect July 1, Continue reading Mississippi – Reduced Rate for Sales of Fuel to Oil and Gas Producers

Mississippi – Exemptions for Durable Medical Equipment and Home Medical Supplies

SALT Report 2617 – The Mississippi Department of Revenue issued guidance regarding the sales tax exemption for qualified durable medical equipment (DME) and home medical supplies (HMS) that will take effect July 1, 2013. The exemption applies to DME and Continue reading Mississippi – Exemptions for Durable Medical Equipment and Home Medical Supplies

New York – Bulletin Issued on Bulk Sales

SALT Report 2616 – The New York Department of Taxation and Finance updated its tax bulletin regarding the rules and procedures that must be followed when a bulk sale transaction takes place to ensure that the purchaser is not held Continue reading New York – Bulletin Issued on Bulk Sales

New York – Updated Guidance on Direct Payment Permits

SALT Report 2615 – The New York Department of Taxation and Finance updated its sales and use tax bulletin regarding direct payment permits. A direct payment permit allows qualified businesses who are unable to determine how taxable property or services Continue reading New York – Updated Guidance on Direct Payment Permits