Texas – Comptroller Glenn Hegar Distributes $790 Million in Monthly Sales Tax Revenue to Local Governments

(AUSTIN) — Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $790.3 million in local sales tax allocations for December, 3.7 percent less than in December 2019. These allocations are based on Continue reading Texas – Comptroller Glenn Hegar Distributes $790 Million in Monthly Sales Tax Revenue to Local Governments

New York – NYC could face significant tax revenue losses over remote work

New York City could lose out on millions of dollars’ worth of revenues from its Unincorporated Business Tax as businesses shift operations out of the Big Apple during the coronavirus pandemic. The UBT is a 4 percent tax levied on taxable income allocated to New Continue reading New York – NYC could face significant tax revenue losses over remote work

Georgia – Collections nearly $1 Billion Less in Annual Tax Revenue

The State of Georgia’s May net tax collections totaled $1.58 billion for a decrease of $178 million, or -10.1 percent, compared to May 2019 when net tax collections totaled nearly $1.76 billion. Year-to-date, net tax collections totaled $20.81 billion for a decrease Continue reading Georgia – Collections nearly $1 Billion Less in Annual Tax Revenue

Texas – Restaurants Asking For Tax Relief From State, But Officials Say They Need Those Revenues

Up against a Friday deadline, the broad base of workers in the Texas restaurant industry have asked Gov. Greg Abbott and other officials to waive monthly salestaxes due by the end of the day. Bobby Heugel, owner of several popular bars and Continue reading Texas – Restaurants Asking For Tax Relief From State, But Officials Say They Need Those Revenues

California – CDTFA Reports Cannabis Tax Revenues of $172.7 million for the Fourth Quarter of 2019

Sacramento – The California Department of Tax and Fee Administration (CDTFA) reported revenue numbers today for cannabis sales for the 4th quarter of 2019. As of February 18, 2020, California’s cannabis excise tax generated $84.4 million in revenue reported on the Continue reading California – CDTFA Reports Cannabis Tax Revenues of $172.7 million for the Fourth Quarter of 2019

Wyoming – ‘Complicated’ Local Sales Tax Bill Causes Some Confusion Among Senators

he Wyoming Senate passed House Bill 0047 on first reading during their Monday, March 2 floor session on a vote of 20-9. The bill would change rules governing local sales and use tax rules in the state and would provide a pathway Continue reading Wyoming – ‘Complicated’ Local Sales Tax Bill Causes Some Confusion Among Senators

Illinois – State Moves To Boost Online Sales Tax Compliance

Lawmakers passed a legislative fix during the recently adjourned fall veto session which proponents say could help the state realize $380 million in annual tax revenue by increasing compliance with existing online retail transaction tax laws. Supporters say the new Continue reading Illinois – State Moves To Boost Online Sales Tax Compliance

Nebraska – State Tax Collections Exceed Projections In October

Nebraska state government once again collected more tax revenue than expected last month. The Nebraska Department of Revenue reported Friday that the state received a net of $290 million in October, which is nearly 9% higher than the $266 million Continue reading Nebraska – State Tax Collections Exceed Projections In October

WYOMING – Growing Percentage Of City Revenue Coming From Internet Sales Tax

While Sheridan’s sales and use tax revenues have continued to grow this year, those gains are increasingly dependent on internet, rather than local, sales, according to a presentation City Treasurer Karen Burtis delivered this week. The city’s internet sales tax Continue reading WYOMING – Growing Percentage Of City Revenue Coming From Internet Sales Tax

GEORGIA – More Retailers Found Charging Wrong Sandy Springs Sales Tax

Two more major retailers have been found incorrectly charging Atlanta’s higher sales tax rate within Sandy Springs. And the state Department of Revenue is acknowledging that, barring an audit or formal complaint, such incorrectly calculated sales tax money likely goes Continue reading GEORGIA – More Retailers Found Charging Wrong Sandy Springs Sales Tax