Minnesota – Local Governments, Cities – Certain Gov’t Purchases Exempt as of January 1, 2014

SALT Report 3175 -The Minnesota Department of Revenue has issued a fact sheet announcing changes to the taxability of cities and counties: “Starting Jan. 1, 2014, cities and counties are exempt from sales and use tax on purchases to provide Continue reading Minnesota – Local Governments, Cities – Certain Gov’t Purchases Exempt as of January 1, 2014

Colorado – 2014 Interest and Penalty Rates

SALT Report 3174 – Colorado has published its 2014 tax interest and penalty rates, see “FYI Publication – General 11”.  According to the Department of Revenue “the rate of 6% will apply to underpayments, nonpayments, and overpayments of Colorado taxes Continue reading Colorado – 2014 Interest and Penalty Rates

Wisconsin – Bill Introduced Requires Sellers to Provide Itemized Statements

SALT Report 3173 – Wisconsin Legislature introduced a bill, SB 364 (2013), which “if the total amount of a person’s sales of tangible personal property and taxable services to customers in this state exceeds $50,000 during the year, not including Continue reading Wisconsin – Bill Introduced Requires Sellers to Provide Itemized Statements