Tax & Accounting Blog

Utah State Tax Commission Amendments

Utah State Tax Commission Amendments

Effective July 26, 2012, the Utah State Tax Commission has amended Utah Admin. R. R861-1A-20, “Time of Appeal Pursuant to Utah Code Ann. Sections 59-1-301, 59-1-501, 59-2-1007, 59-7-517, 59-10-532, 59-10-533, 59-10-535, 59-12-114, 59-13-210, 63G-4-201, 63G-4-401, 68-3-7, and 68-3-8.5”. This requires a request for a hearing to correct a centrally assessed property tax assessment, a petition for … Read More

Thomson Reuters Report: Number of Global Indirect Tax Changes Nearly Quadrupled in Q2, Increasing Taxes on Consumers and Administrative Burden on Business

Thomson Reuters Report: Number of Global Indirect Tax Changes Nearly Quadrupled in Q2, Increasing Taxes on Consumers and Administrative Burden on Business

Worldwide, there were 379 percent more indirect tax changes in the second quarter of 2012 than there were during the same period in 2011, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. There were 1,025 tax code changes in Q2 2012, compared with 270 in Q2 2011. This includes 109 indirect … Read More