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The Washington Senate Finance Committee has passed a measure that could extend state and local sales tax deductions for people in Washington. This is part of legislation that would renew tax breaks for businesses within the state. The sales tax deduction for residents of Washington and other states without income taxes is currently being supported by Senator … Read More
Jeff Hancock, the City Manager of McCook Nebraska, aims to clarify the ballot language of two sales taxes during tonight’s McCook City Council meeting at Memorial Auditorium. Hancock released a City Manager Newsletter Friday that he will attempt to put the explanation in writing and provide councilors with some options to assist in the funding of the city’s much needed … Read More
Former NBA point guard and current Sacramento Mayor, Kevin Johnson, is dead set against the idea of increasing the city’s sales and use tax rates. He volunteered to author the opposition argument against the proposed half-cent sales tax increase, which will be included on the November ballot. If the tax passed it would match Galt for the highest rate … Read More
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
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
On July 31st the state legislators approved a bill that will create a sales tax exemption for most items costing under $2,500 per item during the weekend of August 11th through the 12th. The state House of Representatives voted 153-1 to approve the bill and the Senate voted 35-0 in support of the bill. Despite … Read More