Tax & Accounting Blog

During a recent Sales Tax Rate Update webinar given by ONESOURCE Indirect Tax the following question was submitted by an attendee. Our tax experts have submitted their response below. Questions: Is the new NC service tax n/a if the service is to production = mill equipment? Answer: North Carolina imposes a tax on sales of … Read More

Rate Changes ALABAMA: AL – Excel,  2.0%; AL – Excel,  (Agricultural Sales and Use Tax) 2.0%; AL – Excel,  (Automotive Sales and Use Tax) 2.0%; AL – Excel,  (Manufacturing Sales & Use Tax) 2.0%; AL – Excel Police Jurisdiction, 1.0%; AL – Excel Police Jurisdiction, City (Agricultural Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction,(Automotive Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction, (Manufacturing … Read More

This week, West Virginia House Delegate Jim Morgan introduced HB 4456, which would raise the state sales tax rate from 6.00% to 7.00%. This would make West Virginia’s State Sales tax rate tied for the highest rate in the nation along with Indiana, Mississippi, Read More

During a recent Sales Tax Rate Update webinar given by ONESOURCE Indirect Tax the following question was submitted by an attendee. Our tax experts have submitted their response below. Question: Distinguish the difference between the taxation on license fees, access fees and hosting fees; is there a difference. Also, explain the determining factors to analyze on … Read More

A proposal to enact an additional 2 percent sales tax on junk food purchased on the Navajo Nation could be decided by the Council as early as this week. Soft drinks and packaged snack foods such as potato chips and Twinkies would be considered junk food under the proposal.  Proponents say the bill would help … Read More

New York – The Tax & Accounting business of Thomson Reuters today revealed a sampling of quirky sales tax changes passed or implemented in 2013. Read full press release … Read More