Regulatory Analysis
Wisconsin enacted legislation which creates a one-time sales tax holiday between August 1, 2018 and August 5, 2018. State sales tax will not be charged on certain sales of school supplies where each item is $75 or less, clothing where each item is $75 or less, computers where each item is $750 or less and computer […]
On April 13, 2018, the Kentucky Legislature voted to override the Governor’s veto of H366. Effective July 1, 2018, this bill makes taxable a wide range of services that were previously exempt. Specifically, the bill revises the definition of “sales price” and “gross receipts” to include the amount charged for labor or services rendered in […]
Alabama House Bill 470 has been signed into law as Act 2018-539. Pursuant to this Act, an eligible seller participating in the Simplified Sellers Use Tax Remittance Program that acquires an in-state business, thereby establishing substantial nexus with Alabama, may elect to continue participation in the Simplified Sellers Use Tax Remittance Program to satisfy the […]
Oklahoma recently passed a law intended to capture sales and use tax for purchases over the internet. The new law, passed as House Bill 1019XX, requires remote sellers and marketplaces to either register for and collect Oklahoma sales tax at the time of sale; or both (a) provide detailed notices informing the purchaser that use […]
The Governor of Guam has recently signed a bill to establish a sales tax in Guam. This sales tax, a first for the island territory, will be imposed upon all sales of tangible personal property and all services excluding banking, lending, foreign currency, and insurance services. The sales tax will be effective October 1, 2018. The […]
The Governor of Idaho has recently signed HB 578, a bill expanding which remote retailers will be required to collect, remit and report sales tax to the state. Beginning July 1, 2018, a retailer with an agreement with a person engaged in business in the state who refers potential purchasers to the retailer and who has […]
The Ohio General Assembly has passed Senate Bill 226, which will institute a permanent three-day sales tax holiday in the State of Ohio. The holiday will take place on the first Friday of August and the following Saturday and Sunday, of each year, beginning in 2018. Certain items of clothing, school supplies and school instructional […]
The Governor of Wyoming recently signed a bill to end the taxation of gold and silver coins and bullion. The Wyoming Legal Tender Act will end the taxation of gold and silver coins and bullion by treating it as tender that will be exempt from sales tax. The Wyoming Legal Tender Act will be effective July 1, 2018. […]
Florida enacted legislation which creates a disaster preparedness sales tax holiday between June 1, 2018 and June 7, 2018 during which certain sales of portable flashlights, radios, generators, tarps and batteries are exempt from sales tax. In addition, the legislation creates a back-to-school sales tax holiday between August 3, 2018 and August 5, 2018 during which […]
As reported in an earlier entry, the Arizona Department of Revenue and Pinal County have been in disagreement over whether the state has obligation to collect and enforce an additional .5% Transportation Excise Tax that becomes effective on April 1, 2018. While the legal challenge continues, on March 23 the Arizona Tax Court officially declined […]
On the afternoon of March 27th, Québec's Minister of Finance, Carlos Leitão, tabled the 2018-2019 budget in front of the Québec National Assembly. A key announcement with respect to Québec Sales Tax (QST) is requiring businesses located outside Québec to register and collect the QST for certain supplies to consumers. The Ministry of Finance has published […]
The Governor of Puerto Rico recently announced a proposal that would overhaul multiple components of the island’s tax system, including sales tax. Specifically, the Governor suggests…. Prepared foods be taxed at a special rate of 7% as opposed to the standard rate of 11.5%. A reduction of the special rate applicable to Business to Business […]
The Arizona Department of Revenue posted that Pinal County has requested that the Department begin collecting a transportation excise tax beginning with a reporting period beginning April 1, 2018. This Transportation Excise tax shall be 0.5% and apply to the first $10,000 of gross income from the sale of a single item of tangible personal property. For any amounts […]
Saint Tammany Parish in Louisiana has scheduled an election on March 24th to determine the fate of two 0.25% parish-wide sales and use taxes. If either or both taxes are voted down the parish-wide sales tax rate will decrease up to 0.5% effective April 1, 2018. If either or both taxes pass the renewal rate for each […]
On February 23, 2018, the South Carolina Department of Revenue clarified how the accommodations tax should apply to additional charges that are assessed when guests rent accommodations at a hotel, motel or other facility. The South Carolina Code of Regulations Chapter 117, Section 117-307.1 has been updated to reflect this new guidance, which is presented […]
On March 2, 2018, New Mexico Governor, Susana Martinez, signed House Bill 79 into law thereby establishing a one-day sales tax holiday on the Saturday following Thanksgiving. The holiday applies to sales of certain items of tangible personal property, provided the sales price is less than five hundred dollars ($500), the seller's primary place of […]
Pennsylvania has recently enacted legislation requiring certain remote sellers, marketplace facilitators, and referrers to choose between either collecting and remitting Pennsylvania sales tax or complying with notice and reporting requirements. If any of the aforementioned do not collect and remit sales tax, notice must be provided to the purchaser regarding the sales and use tax, […]
The Governor of Puerto Rico introduced a legislative proposal representing a comprehensive new fiscal plan intended to spur economic growth and development. The plan proposes numerous tax changes, including a reduction of a number of sales tax rates. Specifically, the Business to Business Services Rate would fall to 2% in 2019 and be completely eliminated […]