California – AB 129 Brings Virtual Currency Into The Legal Fold Of California Commerce

SALT Report 3401 – Enrolled June 24, 2014, CA AB 129 removed California Corporations Code Section 107 stating that it is no longer necessary given that Section 107 was essentially dormant and could potentially limit the development of virtual currencies.  Continue reading California – AB 129 Brings Virtual Currency Into The Legal Fold Of California Commerce

California – Tele Townhall On New Manufacturing Partial Sales And Use Tax Exemption (Regulation 1525.4): Tuesday, July 1, 2014

SALT Report 3400 – On July 1, 2014, BOE member George Runner will be co-hosting a teleconference in collaboration with the California Manufacturers and Technology Association (CMTA).  Register Online Here. “This Tuesday, July 1, 2014 a new California law takes Continue reading California – Tele Townhall On New Manufacturing Partial Sales And Use Tax Exemption (Regulation 1525.4): Tuesday, July 1, 2014

Multi-State-Permanent Internet Access Tax Ban Moves Forward In The House

SALT Report 3399 – On June 18, 2014, the House Judiciary Committee members voted 30-4 to move H.R. 3086, the Permanent Internet Tax Freedom Act  (PITFA) forward for consideration by the House of Representatives.   The PITFA would make the moratorium Continue reading Multi-State-Permanent Internet Access Tax Ban Moves Forward In The House

Oklahoma—Local Sales Tax Rate Changes

SALT Report 3398 – The Oklahoma Tax Commission has announced the following sales and use tax rate changes. Broken Bow City will increase from 2.25% to 3%; Pauls Valley City will increase from 4% to 4.5%; and Tulsa City will Continue reading Oklahoma—Local Sales Tax Rate Changes

California—California Competes Tax Credit Program Awardees Announced

SALT Report 3397 – The California Competes Tax Credit program provides income tax credits to businesses interested in relocating to California or expanding jobs in the state.  The program was created to replace the Enterprise Zone Program, which provided hiring Continue reading California—California Competes Tax Credit Program Awardees Announced

Arkansas—Sales Tax Holiday, August 2, 2014 through August 3, 2014

SALT Report 3396 – Arkansas Sales Tax Holiday will be held Saturday, August 2, through Sunday, August 3, 2014.  During this period, retailers are not required to collect state and local sales or use tax on the following items: Clothing Continue reading Arkansas—Sales Tax Holiday, August 2, 2014 through August 3, 2014

California—Changes to the Board of Equalization (BOE) Audit Manual, Chapter 4, General Audit Procedures

SALT Report 3395 – On June 24, 2014, the BOE during the Administrative Session will be hearing/voting on approval of Item N4-Proposed revisions to Audit Manual, Chapter 4, General Audit Procedures.  These changes are important to be aware of as Continue reading California—Changes to the Board of Equalization (BOE) Audit Manual, Chapter 4, General Audit Procedures

Texas — Back-To-School Sales Tax Holiday Weekend, August 8-10

SALT Report 3393 – Texas’s annual Back-to-School Sales Tax Holiday will be held Friday, August 8, through Sunday, August 10, 2014.  During this period, retailers are not required to collect state and local sales or use tax on the following Continue reading Texas — Back-To-School Sales Tax Holiday Weekend, August 8-10

Florida— Taxability Of Simple Storage Service, Elastic Compute Cloud, And Data Transfer Fees

SALT Report 3392 – The Florida Department of Revenue (DOR) issued a Technical Assistance Advisement (TAA) in response to a request for the Department’s opinion on whether Florida Communications Service Tax and gross receipts tax (CST) and/or Sales and Use Continue reading Florida— Taxability Of Simple Storage Service, Elastic Compute Cloud, And Data Transfer Fees

California—Five Day Notice Of Re-Adoption Of Emergency Regulations – Sales And Use Tax Exclusion (STE) Program

SALT Report 3391– CAEATFA is issuing a Notice of Re-Adoption of Emergency Regulations with proposed Regulation Text and the Finding of Emergency for the Emergency Rulemaking File for the STE.  The STE Program was authorized by Senate Bill 1128, which Continue reading California—Five Day Notice Of Re-Adoption Of Emergency Regulations – Sales And Use Tax Exclusion (STE) Program