New Mexico – Resale and Exemption Certificate Deadline Reminder (NTTC)

SALT Report 3187 – 60 days means 60 days.  Nontaxable transaction certificate (NTTC) is required for services that are resold in normal course of business.  Under Section 7-9-48 “receipts from selling a service for resale may be deducted from gross Continue reading New Mexico – Resale and Exemption Certificate Deadline Reminder (NTTC)

Illinois – Hotel Reward Points Program Contributions and Reimbursements Nontaxable

SALT Report 3186 – A hotel franchise has a subsidiary that administers a reward points program.  The Hotel Operator’s Occupation Tax (HOOT)  “is imposed on the gross rental receipts from the renting of hotel room.” The HOOT does not apply Continue reading Illinois – Hotel Reward Points Program Contributions and Reimbursements Nontaxable

Illinois – Drop shipments and resale certificates (GIL 13-0062)

SALT Report 3185 – What is sufficient evidence to support drop-shipment resale transaction?  In a drop-shipment transaction an out of state Purchaser has an instate Company “drop ship merchandise to a Customer in Illinois.”  Rather than pay tax to the Continue reading Illinois – Drop shipments and resale certificates (GIL 13-0062)