Tax & Accounting Blog

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

Complexities of the Food & Beverage Industry

Complexities of the Food & Beverage Industry

Join us on April 29, 2014 at 10:00AM PDT (1:00PM EDT) as a subject matter expert from Thomson Reuters ONESOURCE Indirect Tax, discusses the sales and use tax complexities of the food and beverage industry. Discussions will include: • Who is subject to food & beverage taxes? – It’s not just for restaurants anymore • How does … Read More

Alabama Act 415

Alabama Act 415

In efforts to make Alabama “the most business-friendly state in the country,” as recently stated by Alabama House Speaker Mike Hubbard to the Business Council of Alabama (BCA), the state legislature just passed Act 415. This act, co-sponsored by Hubbard and Rep. Greg Wren, requires the Department of Revenue to develop a standardized … Read More