Regulatory Analysis
5/8/2023 Under Virginia’s 2022 Appropriation Act, the state’s sales tax holiday expires on July 1, 2023. Previously, the sales tax holiday occurred in August and covered items such as hurricane preparedness products, back-to-school items, and Energy Star and Water Sense products. Further information concerning the expiring holiday may be found here.
5/8/2023 Section 6 of Colorado SB 143, effective May 4, 2023, amended the Colorado Retail Delivery Fee so that a “qualified business”, a business with $500,000 or less retail sales in the prior year, may be exempt from the fee. Additionally, the legislation permits a retailer to pay the retail delivery fee on behalf of […]
Date Posted: 4/28/2023 Michigan recently enacted Public Acts 20 and 21 of 2023 which exempt separately stated delivery and installation charges. The effective date of this change is April 26, 2023. Previously, such charges were taxable as part of the sales price. The full text of the bill can be found here.
5/2/2023 Effective April 28, 2023, Colorado HB 1101 authorizes a Regional Transportation Authority (RTA) to impose a maximum tax rate of 2%. This is an increase in the previous maximum rate by 1%. RTA locations may subject transactions within its locality to sales or use tax, if such transactions are subject to taxation at the […]
4/28/2023 Michigan’s HB 4833, which recently took effect, applies a 2% tax on qualified heavy equipment by qualified renters. This new tax only applies to rentals of certain qualified heavy equipment by renters that derive more than 50% of their annual gross receipts from such rentals. The full text of the bill can be found […]
4/27/2023 Effective July 1, 2023, Grand Junction Measure 1A increases the local sales and use tax rate to 3.39% from 3.25% . The measure is intended to generate revenue for a community recreation center. Further information concerning the local legislation may be found here.
4/20/2023 Effective July 1, 2023, North Dakota HB 1177 exempts the sales of children’s diapers from the state’s gross receipts tax. Children’s diapers is defined under 57-39.2-04(d)(2)(b) as diapers marketed to be worn by children. Further information concerning the legislation may be found here.
4/20/2023 Effective August 7, 2023, Colorado HB 1062 expands metropolitan district authority to include support of park and recreational facilities. Metropolitan districts are able to levy a uniform sales tax to fund certain services such as fire or safety protection and street improvements within the district area. Further information concerning the legislation may be found […]
4/17/2023 Kentucky recently enacted House Bill 360 to amend and clarify 2021 legislation which extended sales tax to numerous services. Among the several changes, the following were also included: Repealing the tax on marketing services Clarifying extended warranty services include extended warranties on prewritten computer software access services Cosmetic surgery services do not include surgery […]
4/6/2023 Effective May 1, 2023, Aspen, Colorado has adopted Ordinance 66 to replicate carryout bag fee requirements allowed under Colorado House Bill 1162. The Ordinance amends Aspen’s bag fee to now apply a $0.20 fee to both single-use plastic and paper carryout bags provided at checkout. Further information concerning the Ordinance may be found here.
3/31/2023 Effective May 1, 2023, Ohio HB66 revises Ohio Rev. Code §§ 4517.261 and 4781.24 to remove documentation service charges from the definition of sales price when associated with the sale of a motor vehicle. Therefore, as of May 2023, documentation service charges are exempt from sales and use tax when associated with the sale […]
For the purposes of articles 29 and 29-A of the CFF, those who make payments for salaries and who are obliged to issue CFDIs for them, may choose to issue them until June 30, 2023, in version 3.3 with payroll supplement in version 1.2, in accordance with Annex 20, published in the DOF on July […]
Mexico: the SAT published the Resolution that establishes administrative facilities for the tax obligations compliant of the taxpayers of the primary sector, of Ground Transportation of Federal Freight, Foreign Passenger and Tourism, as well as Ground Transportation of Materials Freight and Urban and Suburban Passengers, in which it announced the use of a new complement […]
South Dakota HB 1137, signed by the governor and effective July 1, 2023, reduces the gross receipts tax in the state from 4.5% to 4.2% for a period of four years. In addition, the excise tax on agriculture machinery and equipment, the gross receipts tax on vehicle rentals, and select other taxes are reduced. Further […]
3/23/2023 Colorado imposes a retail delivery fee on all deliveries by motor vehicle in the state with at least one item of tangible personal property subject to state sales or use tax in the order. The fee amount may be adjusted for inflation each year. For the period of July 2023 to June 2024, the […]
The Malaysian Sales and Service Tax Royal Malaysian Customs Department announced the postponement of the imposition of sales tax on Low Value Goods to a date to be determined later. As discussed in our previous post on this topic, the tax on low value goods was scheduled to take effect on April 1. The announcement, […]
Missouri holds its annual sales tax holiday on Energy Star certified appliances (Show Me Green) from April 19 to April 25. Starting in 2023, all local sales and use taxes are exempted during this time, where previously locals had to choose to opt into this holiday. For more information, please reference RSMo Section 144.526 as […]
Effective 1 April 2023, Malaysia will be extending Sales Tax to sales of imported goods with a sale value of RM500 or less. Malaysia defines low value goods as “goods or class of goods from outside Malaysia that are sold in the online marketplace at a price of not exceeding RM500 and brought into Malaysia […]