Illinois – Tax Revenue from Illinois Adult-Use Cannabis Sales Surpassed $10 Million in January

Tax revenue from Illinois adult-use cannabis sales surpassed $10 million in January, according to a Chicago Tribune report. Illinois collects sales tax, as well as an additional cannabis tax, on adult-use sales, and January sales brought in more than $3.1 million in Continue reading Illinois – Tax Revenue from Illinois Adult-Use Cannabis Sales Surpassed $10 Million in January

New York – TSB Recommends Rejection Of ST 120.1 Exemption Certificate (Good Faith)

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)