New York – US Flags Exempt From Sales Tax

www.nydailynews.com by “The state Division of Veterans’ Affairs is reminding New Yorkers over the Memorial Day weekend that the flags of the U.S., New York, military branches, military services and prisoners of war are exempt from sales taxes. Tax authorities Continue reading New York – US Flags Exempt From Sales Tax

Louisiana – No Hurricane Preparedness Sales Tax Holiday

SALT Report 3814 – The annual sales tax exemption known as Hurricane Preparedness Sales Tax Holiday is not happening this year. That means residents will not get a discount on generators, batteries and canned food ahead of the 2016 Atlantic Hurricane Season that starts Continue reading Louisiana – No Hurricane Preparedness Sales Tax Holiday

Puerto Rico – VAT Repealed, House And Senate Override Governor’s Veto On May 26, 2016

SALT Report 3813 – After a long series of starts, stops, revisions, planning, preparation and postponements the Puerto Rico treasury will not be imposing their version of the VAT as expected. In summary, June 1, 2016 will come and go Continue reading Puerto Rico – VAT Repealed, House And Senate Override Governor’s Veto On May 26, 2016

Michigan – Sales Tax Revenue Shortfall

SALT Report 3810 – “Business taxes are among several economic variables that are directly affecting Michigan’s tax collections, said Jay Wortley, director of the state treasury’s Office of Revenue and Tax Analysis. He said a decline in U.S. corporate profits in Continue reading Michigan – Sales Tax Revenue Shortfall

Puerto Rico – VAT/Sales Tax Update May 23, 2016 Answers Expected This Week

SALT Report 3809 – On Friday, the Governor issued his veto to the Substitute Bill to HB 2032, HB 2838, HB 2839 and HB 2840. In order for House and Senate to override the veto, they need a 2/3 majority Continue reading Puerto Rico – VAT/Sales Tax Update May 23, 2016 Answers Expected This Week

Nevada – Supreme Court Permits Challenge to Commerce Tax

SALT Report 3808 – The Nevada Supreme Court just handed down its ruling in Coalition for Nevada’s Future v. RIP Commerce Tax, a case involving Nevada’s new Commerce Tax on gross receipts that went into effect on July 1, 2015. Continue reading Nevada – Supreme Court Permits Challenge to Commerce Tax

North Carolina – Sales Tax Distribution Change

SALT Report 3807 – Davie County commissioners voted May 2, 2016 to support a resolution that is intended to soften the financial hit that the county’s three towns will take under a new sales tax distribution method. In April, commissioners Continue reading North Carolina – Sales Tax Distribution Change