Virginia – Electricity Generation Sales and Use Tax Manufacturing Exemption

SALT Report 3320 – The Virginia Department of Taxation released Letter Ruling 14-37 on March 19, 2014.  The ruling concludes that a nonpublic company who produces electricity for resale was eligible for a manufacturing exemption.  Under Virginia Code 58.1-609.3 2 Continue reading Virginia – Electricity Generation Sales and Use Tax Manufacturing Exemption

Virginia – Sales Tax Applies To Party Packages

SALT Report 3319 – The Department of Taxation issued Ruling 14-41 on March 20, 2014.  A taxpayer that owns an amusement center sold party packages that were found taxable because food was included as part of the package.  It did Continue reading Virginia – Sales Tax Applies To Party Packages

Colorado – City of Loveland Food and Utility Sales Tax Rebate Program (April 1 through May 31)

SALT Report 3318 – The City of Loveland, Colorado has allocated $137,000 to fund this rebate program for qualified applicants.  The rebate is for sales taxes paid on food and utilities up to $382 per qualifying household (i.e., single member Continue reading Colorado – City of Loveland Food and Utility Sales Tax Rebate Program (April 1 through May 31)