State and local tax news brought to you by Zaldivar and Associates
Finance leaders in Tennessee’s House of Representatives unveiled their version of a state budget Monday night, making significant cuts and taking out bonds while proposing a $100 million sales tax holiday. A series of temporary sales tax breaks, which would Continue reading Tennessee – House calls for $100 M sales tax holiday, delays ending tax on interest
Park County voters will decide in November whether they want to approve an additional 1% sales tax to help fund the Powell, Cody, Meeteetse and county governments. Wyoming has a 4% sales and use tax for all counties, but counties Continue reading Wyoming – Voters will be asked to approve extra 1% sales tax
Virginia is one of 12 states that does not apply a sales tax to streaming platforms, missing out on about $10 million a year. Chris Wodicka at the Commonwealth Institute says lawmakers could help fund new priorities and balance the Continue reading Virginia- Could a “Digital Tax” Be on the Way for Virginia?
With stores closed during the COVID-19 pandemic, online sales have soared. But instead of giving a financial boost to the state in the form of sales taxes, the shift toward e-commerce will instead result in an income tax cut required under state Continue reading Wisconsin – Sales Taxes from Online Shopping have Soared During the Pandemic, but it Won’t Help the State’s Bottom Line