State and local tax news brought to you by Zaldivar and Associates
The Wisconsin Department of Revenue (DOR) is soliciting comments concerning the economic effect of a proposed administrative rule. The rule revises Chapter Tax 11 to establish criteria applicable to field audits for which an auditor uses a statistical sampling method, an election to Continue reading Wisconsin-Comments For Pending Statistical Sampling Rule Due August 17, 2018
The American Booksellers Association weighs in on Wayfair – July 31, 2018. In June, the U.S. Supreme Court decided in the case of South Dakota v. Wayfair, Overstock, and Newegg to redefine sales tax nexus. Overturning the physical nexus requirement previously established by Continue reading Multistate – American Booksellers Association Releases Wayfair Economic Nexus Statement
On June 5, 2018, New York released TSB-A-18(2)S detailing their reasoning behind the recommended rejection of a Contractor Exempt Purchase Certificate (ST 120.1) provided by a customer attempting to rent a truck with no sales tax. The customer was doing work Continue reading New York – TSB Recommends Rejection Of ST 120.1 Exemption Certificate (Good Faith)
Remote Sellers Minnesota law requires all sellers to collect sales or use tax to the extent allowed under the United States Constitution. The June 21 U.S. Supreme Court decision in South Dakota v. Wayfair allows states like Minnesota to require remote sellers with no physical Continue reading Minnesota – State Will Require Remote Sellers And Marketplace Providers Facilitating Sales Into Minnesota To Collect Sales Tax No Later Than October 1, 2018
Effective October 1, 2018, Clay, Gaston, Jones, Lincoln, Pasquotank, Rockingham, and Rutherford Counties adopted resolutions to levy an additional 0.25% local sales and use tax. For More Information: Notice – July 24, 2018 NC – Notice-Additional .25 Local Sales And Continue reading North Carolina – Notice: Additional .25% Local Sales And Use Tax