Kansas – Tax Guidance for Residential and Commercial Rental Companies

SALT Report 3079 – The Kansas Department of Revenue released a new self-audit fact sheet to provide guidance regarding the application of sales and use tax to sales and purchases made by residential and commercial rental companies. Generally, tax does Continue reading Kansas – Tax Guidance for Residential and Commercial Rental Companies

California – Free Seminar for Nonprofit and Exempt Organizations

SALT Report 3078 – The California State Board of Equalization is offering a free tax seminar for nonprofit and exempt organizations, their staff, and individuals who are interested in forming a nonprofit. The seminar will address state and federal tax Continue reading California – Free Seminar for Nonprofit and Exempt Organizations

Michigan – Legislation Would Exempt Certain Over-the-Counter Drugs

SALT Report 3077 – The Michigan State Legislature introduced a Bill to amend the exemption available for over-the-counter drugs purchased with a prescription for human use.  If passed, House Bill 4831 would provide an exemption for sales of prescription drugs Continue reading Michigan – Legislation Would Exempt Certain Over-the-Counter Drugs

Michigan – Use Tax and Excise Tax Legislation Introduced

SALT Report 3076 – The Michigan State Legislature introduced a Bill that, if passed, would levy, assess, and require the collection of an excise tax on the storage, use, or consumption of tangible personal property and certain services in the Continue reading Michigan – Use Tax and Excise Tax Legislation Introduced

Ohio – Commercial Activity Tax & Petroleum Activity Tax Changes

SALT Report 3075 – The Ohio Department of Taxation issued two information releases regarding the Commercial Activity Tax. CAT is an annual tax imposed on the privilege of doing business in Ohio and is based on the total gross receipts.  Continue reading Ohio – Commercial Activity Tax & Petroleum Activity Tax Changes

Kentucky – Motion Picture Production Company Form Released

SALT Report 3074 – The Kentucky Department of Revenue recently revised Form 51A240 – Motion Picture Production Company Expenditure Report. The form is used to claim the credit for sales and use taxes paid on qualified purchases made by pre-qualified Continue reading Kentucky – Motion Picture Production Company Form Released

Florida – Revised Offers in Compromise Rules

SALT Report 3073 – The Florida Department of Revenue has amended or repealed the following rules regarding the Department’s ability to make offers in compromise for sales and use, corporate income, and other tax liabilities. Amended Rule 12-13.001 – Scope Continue reading Florida – Revised Offers in Compromise Rules

Indiana – Exemption for Research and Development Property

SALT Report 3072 – The Indiana Department of Revenue updated an information bulletin regarding the sales and use tax exemption for research and development equipment to reflect that the exemption expired on June 30, 2013.  However, a sales and use Continue reading Indiana – Exemption for Research and Development Property