Tax & Accounting Blog

Alternative Fuel Amendments in Tennessee

Alternative Fuel Amendments in Tennessee

Recently passed and enacted, Senate Bill 1759 amends Tennessee Code Annotated  Title 4 and Title 67 regarding alternative fuels and energy-efficient vehicles. Title 4’s amendments are mandates specific to state vehicle fleets, while Title 67’s amendments are specific to commercial and industrial property owners. Title 4 showcases the department’s new goal, which states that 100% … 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

Virginia Amended Exemption To Include Solar Energy

Virginia Amended Exemption To Include Solar Energy

Virginia state officials recently passed Bill S418, which amends §§58.1-3660 and 58.1-3661. These statutes have been expanded to include solar energy in the definition of “pollution control property.” Effective January 1, 2015, businesses owning or using solar energy equipment, devices, or facilities are also exempt from real and personal property taxes. Such equipment … Read More