State and local tax news brought to you by Zaldivar and Associates
June 21, 2018, Wayfair v South Dakota was announced by the US Supreme Court overruling the longstanding Quill v North Dakota (1992). The broad sweeping implications of this ruling was felt by taxpayers, practitioners and tax collection agencies alike during Continue reading Multistate 2019 Sales Tax Systems Review
Below is a link to Understanding the resale certificate. Posted by The CDTFA On March 7, 2019. The video reviews what a resale certificate is, who needs to provide or accept resale certificates, when a resale certificate is needed, as Continue reading CALIFORNIA – Understanding The Resale Certificate
Imagine remitting sales taxes to all local jurisdictions…Alaska Municipal League is creating that model and Amazon is collecting it. What if other states allow their locals to do this?
Last week, King County Council passed a resolution that will allow it to invest about $100 million from the state’s sales and use tax into affordable housing over the next 20 years. https://m.seattlepi.com/news/article/Seattle-to-transfer-land-to-build-more-affordable-14419718.php
Use tax receipts, paid on out-of-state purchases including online sales, generated $64.1 million, up 15.6% over the prior year. Tax officials credited increased compliance by online retailers for the use-tax growth. https://www.tulsaworld.com/news/gross-receipts-to-the-treasury-reflect-modest-growth/article_6d20becf-0af1-52c7-bc3e-503618e867e5.html
CASPER, Wyo. — The State of Wyoming’s 4% sales and use tax collections were up 11.8% in fiscal year 2019. That amounts to $80.7 million in additional collections compared with FY 2018. That is according to Jim Robinson,principal economist for Continue reading Wyoming – NATRONA SALES AND USE TAX COLLECTIONS UP $14 MILLION IN 2019
Ohio’s sales tax holiday starts this weekend. Ohio is one of 16 states giving families a break. The following items are exempt from sales and use tax: Clothing priced at $75 per item or less; School supplies priced at $20 Continue reading Ohio – Sales Tax Holiday kicks off Friday, August 2, 2019 thru August 4, 2019
One of the state’s biggest shopping weekends returns in August. Ohio’s tax-free weekend will take place Aug. 2-4, meaning it’s an ideal time to stock up on back-to-school supplies. The sales tax holiday begins at noon Aug. 2 and runs Continue reading Ohio – Ohio’s tax-free weekend returns in August: Here’s what you can buy
A common misconception about the Wayfair ruling is that it only affects online sales or e-commerce businesses. Unfortunately, this is not the case. Any business that ships or performs services remotely into a state is subject to the new economic Continue reading Multistate – WAYFAIR & THE ECONOMIC NEXUS IMPACT ON ART DEALERS
Terwilliger said the 2019 budget didn’t reflect any additional sales and use tax revenue from remote sellers and marketplaces that use the Internet to sell products and services to South Dakota. The state law requiring remote sellers to report their Continue reading South Dakota – South Dakota state government achieved most of 2019 budget surplus from savings