International tax authorities have their eyes on the holiday shopping calendar as an opportunity to extend their tax net on eCommerce retailers. Biggest shopping days of the year in EU and US Retailers will usually generate more sales in Q4 Continue reading Multi-State – Black Friday and Cyber Monday Can Push Sellers Into New Tax Liabilities
Yahoo Finance by Rick Newman December 6, 2017 The national debt, though huge, isn’t a problem right now, which is why Republicans who claim to be budget hawks are willing to borrow another $1.5 trillion over the next decade to Continue reading Multi-State – A National Sales Tax Is Coming
SALT Report 3813 – After a long series of starts, stops, revisions, planning, preparation and postponements the Puerto Rico treasury will not be imposing their version of the VAT as expected. In summary, June 1, 2016 will come and go Continue reading Puerto Rico – VAT Repealed, House And Senate Override Governor’s Veto On May 26, 2016
SALT Report 3809 – On Friday, the Governor issued his veto to the Substitute Bill to HB 2032, HB 2838, HB 2839 and HB 2840. In order for House and Senate to override the veto, they need a 2/3 majority Continue reading Puerto Rico – VAT/Sales Tax Update May 23, 2016 Answers Expected This Week
SALT Report 3796 – The Puerto Rico Treasury still deciding between VAT and SUT transition, timing and details. The latest per Administrative Determination 16-07. On April 18, 2016, the Puerto Rico Department of the Treasury issued Administrative Determination 16-07 (“AD Continue reading Puerto Rico – AD 16-07: SUT…VAT…SUT…VAT…The Latest As Of Monday April 18, 2016
Forbes.com by Joe Harpaz: 9/17/2015 “In the case of Puerto Rico, a 10.5% VAT will be applied to a wide range of goods and services effective April 1, 2016. The move is part of a sweeping plan to inject $1.5 billion into Continue reading Puerto Rico – Puerto Rico Brings First-Ever Value-Added Tax to the U.S.
SALT Report 3271 –PST Bulletin 200 (Revised February 2014) provides an overview of the provincial sales tax (PST) exemptions and the Provincial Sales Tax Exemption and Refund Regulation (the Regulation). This bulletin also provides information related to documentation that must Continue reading Canada (British Columbia) – PST Exemptions and Documentation Requirements