Forbes.com by Joe Harpaz: 9/17/2015 “In the case of Puerto Rico, a 10.5% VAT will be applied to a wide range of goods and services effective April 1, 2016. The move is part of a sweeping plan to inject $1.5 billion into Continue reading Puerto Rico – Puerto Rico Brings First-Ever Value-Added Tax to the U.S.
Chicagotribune.com by Amina Elahi: 9/18/2015 “The ‘cloud tax’ nickname refers to the longstanding Amusement Tax and Personal Property Lease Transaction Tax, which the city reinterpreted this summer to apply to services such as Netflix and Spotify, as well as cloud-based business Continue reading Illinois – Emanuel Proposes Changes to Controversial ‘Cloud Tax’
SALT Report 3715 – Although the amnesty period is not yet active the DOR now has the legislative authority to commence at any time. The South Carolina legislature passed Senate Bill 526 on June 4, 2015 and it was signed Continue reading South Carolina – Amnesty Bill Signed by Governor Haley on June 8, 2015
SALT Report 3714 – The Department of Revenue is collaborating with the South Carolina Ethics Commission to elevate collection efforts of approximately $3 million in penalties and fines due. “A report from the South Carolina Ethics Commission shows more than Continue reading South Carolina – Bolstering Collection Efforts of Unpaid Liabilities – GEAR Program