New York – Sales Tax Reporting and Recordkeeping Requirements for Industrial Development Agencies and Authorities

SALT Report 3324 – TSB-M-14(1.1)S February 12, 2014 sets forth the revised rules regarding recordkeeping requirements for Industrial Development Agencies (IDA). “Previously, TSB-M-87(7)S, Tax Status of IDA Projects, instructed agents to provide suppliers with a copy of a letter from Continue reading New York – Sales Tax Reporting and Recordkeeping Requirements for Industrial Development Agencies and Authorities

Maryland – Recordkeeping Regulation Amended

SALT Report 2844 – The Maryland Comptroller amended a sales and use tax regulation to provide that a vendor who assumes or absorbs all or part of the sales and use tax on a retail sale must maintain records that Continue reading Maryland – Recordkeeping Regulation Amended

Texas – Taxpayer Records Requirement Amended

SALT Report 2834 – The Texas Comptroller adopted an amendment to the sales tax rule governing taxpayer record requirements.  The amendments reflects that any taxpayer who is claiming a refund or credit is required to keep contemporaneous records to substantiate Continue reading Texas – Taxpayer Records Requirement Amended

California – BOE Requirements for Mobile Food Vendors

SALT Report 2573 – The California State Board of Equalization issued two tax notices for mobile food vendors who may be unaware of the registration, reporting, and recordkeeping requirements under the state and local sales and use tax laws. Mobile Continue reading California – BOE Requirements for Mobile Food Vendors

West Virginia – Direct Pay Permits and Recordkeeping Rules

SALT Report 1403 – The West Virginia State Tax Department has updated their sales and use tax publication regarding direct pay permits and record-keeping requirements. The Publication provides general information for vendors that sell or lease tan… Continue reading West Virginia – Direct Pay Permits and Recordkeeping Rules