Tax & Accounting Blog

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

New York – U.S. sales tax burden stayed flat, and indirect tax changes declined in the first quarter of 2014, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. Thomson Reuters quarterly ONESOURCE Indirect Tax rate report summarizes changes in sales, use and value added taxes. In Q1 2014, state … Read More

Florida Back-To-School Sales Tax Holiday

Florida Back-To-School Sales Tax Holiday

As the summer months approach, states are beginning to gear up to help their citizens bear the cost of schools supplies by enacting savings on back to school expenses through sales tax holidays. Florida is among the list of states that have passed legislation, including bills for back-to-school, hurricane preparedness and energy efficiency sales tax holidays. The hurricane … Read More

Wyoming Supreme Court: Online Travel Companies Can’t Name Their Price When it Comes to Sales Tax

Wyoming Supreme Court: Online Travel Companies Can’t Name Their Price When it Comes to Sales Tax

In the recent case of  Travelocity.com LP et al, v. Wyoming Department of Revenue, the Wyoming Supreme Court held that on-line travel companies must increase the amount of sales taxes that they remit to the state of Wyoming. This case is the most recent in a line of rulings holding that on-line travel … Read More

Complexities of the Food & Beverage Industry

Complexities of the Food & Beverage Industry

Join us on April 29, 2014 at 10:00AM PDT (1:00PM EDT) as a subject matter expert from Thomson Reuters ONESOURCE Indirect Tax, discusses the sales and use tax complexities of the food and beverage industry. Discussions will include: • Who is subject to food & beverage taxes? – It’s not just for restaurants anymore • How does … Read More