State and local tax news brought to you by Zaldivar and Associates
An Illinois lawmaker is proposing an additional 10 percent sales tax on what she calls “assault weapons” but an advocate says her novel definition of the term would mean nearly all firearms would be hit with the tax. A firearm Continue reading Illinois – Proposed Legislation Would Add 10 Percent Tax On Many Gun Sales
The chronic debate about school funding will likely heat up this year in the shape of dueling ballot measures. As a result, Sen. Sylvia Allen (R-Snowflake) once more finds herself at the center of the high-stakes battle to boost state Continue reading Arizona – Sales Tax Boost For Education Advances
While almost every state in the U.S has a sales tax, five lucky states – Alaska, Delaware, Montana, New Hampshire and Oregon – don’t. But, why? When you’re at the supermarket or the mall and you go to check out, Continue reading Multi State – Five States Without Sales Tax
Last year, Yahoo Finance reported that Amazon (AMZN) paid a shockingly low amount in federal income taxes in 2018 on more than $11 billion in profits: $0. But this year, while the company says it has paid “billions” in taxes for the year 2019, Continue reading Multi State – Amazon Paid A 1.2% Tax Rate On $13,285,000,000 In Profit For 2019
Council members passed an ordinance revising sales and use taxes during the Alamosa City Council meeting at City Hall on Wednesday night. Alamosa City Attorney Erich Schwiesow said the city code is a compilation of several ordinances and it says Continue reading Colorado – Alamosa Council Passes Sales, Use Tax Ordinance