SALT Report 3198 – SN 2013(5) 2013 Legislative Changes Affecting Sales and Use Taxes addresses various legislative developments regarding the imposition of sales and use taxes. A couple of the developments are noted below:
Seller’s Permit Compliance – Beginning July 1, 2013 a penalty of $250 will be imposed for failure to renew a seller’s permit with a $100 penalty being imposed for each additional day of subsequent non compliance.
Exemption for Clothing and Footwear – Beginning June 1, 2015 the exemption for sales of any article of clothing or footwear (with some exceptions) intended to be worn on or about the human body costing under $50 is reinstated.
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