North Carolina – 0.25% Local Sales And Use Tax Increase

SALT Report 3449 – Effective October 1, 2014, Davidson County’s local sales and use tax rate will increase by 0.25% bringing the local tax to 2.25% and the total tax rate to 7.00% (local rate of 2.25% and general State Continue reading North Carolina – 0.25% Local Sales And Use Tax Increase

Minnesota – Soda Clarified As Taxable

SALT Report 3448 – The Minnesota Department of Revenue has determined that soft drinks are a taxable item and the food product exemption does not apply.  For sales tax purposes soft drinks are defined as “nonalcoholic beverges that contain natural Continue reading Minnesota – Soda Clarified As Taxable

California – Film Tax Credit To Bring Back Jobs And Increase Revenue

SALT Report 3447 – Assembly Bill 1839, The California Film and Television Job Retention and Promotion Act, would extend and expand motion picture tax credits allocated by the California Film Commission for the period of July 1, 2016 through June Continue reading California – Film Tax Credit To Bring Back Jobs And Increase Revenue

California – Berkeley “Soda Tax” Approved For November 2014 Ballot

SALT Report 3446 – The ordinance would impose a tax of one cent per fluid ounce on distribution of sugar-sweetened beverage products within the city.  The intent of the “soda tax” is to discourage the distribution and consumption of sugary Continue reading California – Berkeley “Soda Tax” Approved For November 2014 Ballot