Tax & Accounting Blog

Missouri: Sales Tax Holiday for Energy Star Appliances

Missouri: Sales Tax Holiday for Energy Star Appliances

 Consumers across the state of Missouri will enjoy sales tax savings of at least 4.225 percent between April 19 through April 25, 2013 on qualifying “Energy Star-certified new appliances”. This sales tax holiday has been in effect since 2008 when it was passed by the Missouri General Assembly. View additional information on this sales tax … Read More

Russia – Exemption for Software Rejected

Russia – Exemption for Software Rejected

On March 31st the Russian government rejected a plan to amend the tax code to exempt software products from the value-added tax (VAT). The proposed exemption was intended to make licensed software products such as Microsoft Windows more affordable by excluding them from the country’s 18 percent VAT and thus combat counterfeiting. The government released a statement explaining … Read More