Illinois – Amendments to the South Suburban Airport and Enterprise Zones, High Impact Businesses, and Redevelopment Zone Provisions

SALT Report 2974 – Recently enacted legislation in Illinois amends the exemption for river edge development zones and creates additional exemptions, credits, and information reporting requirements for the South Suburban Airport, high impact businesses, and redevelopment zones. Enterprise Zone Credits Continue reading Illinois – Amendments to the South Suburban Airport and Enterprise Zones, High Impact Businesses, and Redevelopment Zone Provisions

New York – Sales Tax Web File Mandatory Reporting Requirements

SALT Report 2919 – The New York Department of Taxation and Finance issued guidance regarding the mandatory credit reporting by jurisdiction.  Effective December 20, 2013, the Department’s Sales Tax Web File service will require vendors to report their credit information Continue reading New York – Sales Tax Web File Mandatory Reporting Requirements

Texas – Regulation on Auditing Taxpayer Records Amended

SALT Report 2909 – The Texas Comptroller amended the sales tax rule regarding taxpayer audits to implement certain provisions recently enacted by House Bill 3319.  The legislation requires that a taxpayer who is claiming a refund or credit to keep Continue reading Texas – Regulation on Auditing Taxpayer Records Amended

Illinois – Enterprise Zone Emergency Regulations

SALT Report 2893 – The Illinois Department of Commerce and Economic Opportunity has repealed, reenacted, and amended the emergency regulation governing the enterprise zone tax credits that are available for corporate and personal income tax, sales and use tax, and Continue reading Illinois – Enterprise Zone Emergency Regulations

Illinois – Credit Reporting Requirements Enacted

SALT Report 2886 – Illinois recently enacted legislation that imposes an annual reporting requirement on any Illinois taxpayer that receives corporate income tax credits, personal income tax credits, sales tax exemptions, or a property tax abatement under the Economic Development Continue reading Illinois – Credit Reporting Requirements Enacted

Illinois – Amended Credit and Refund Provisions for the Coal Exemption

SALT Report 2874 – The Illinois General Assembly amended the 2003 sales and use tax exemption for equipment used in coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation. The amendment reflects that no claim for credit or Continue reading Illinois – Amended Credit and Refund Provisions for the Coal Exemption

Pennsylvania – Random Sampling Used in Audits and Audit Appeals

SALT Report 2603 – The Pennsylvania Department of Revenue issued a tax bulletin to provide guidance to taxpayers involved in sales and use tax audits and to taxpayers proposing to resolve their sales and use tax issues through the managed Continue reading Pennsylvania – Random Sampling Used in Audits and Audit Appeals