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State Sales and Use Tax Update

TaxConnex

The Illinois Department of Revenue issued a general information letter discussing the sales and use taxability of web-based service. It’s reported to bring about $9 million in revenue annually.

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What's new in state sales and use taxes

TaxConnex

The bill also extends the sunset date of the sales tax exemption for the purchase of high-technology data center equipment to Dec. Illinois requires retailers to notify customers of the suspension of the state 1% rate of sales and use tax on retail sales of groceries, effective July 1 through June 30, 2023. Indiana modified?

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Sales Tax on Shipping: When Does it Apply?

TaxConnex

But even a portion of taxable items renders a whole shipment’s shipping cost subject to sales tax in Kentucky, New Mexico, New York and Pennsylvania. Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming.

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Can an eCommerce platform alone manage sales tax?

TaxConnex

Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. Who the customer is and what they’ll use the TPP for can create a sales tax exclusion, too, such as when selling to a church or government agency. Taxability. Yet again, this can vary.

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The latest on sales tax on shipping charges (part 2)

TaxConnex

Delivery charges in Maine are exempt from sales tax if shipment is direct to the purchaser, shipping charges are separately stated and shipment is made by common or contract carrier or the U.S. Shipping is taxable in Illinois, by the way, after years of confusion.

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What’s new in sales tax?

TaxConnex

The Illinois Department of Revenue has issued a general information letter discussing applicability of sales and use tax to the sales of various digital goods by a digital goods distributor (taxpayer). Under the statute, a provider of software-as-a-service acts as a serviceman.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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