Tax & Accounting Blog

February 2014 Sales & Use Tax Rate Changes

February 2014 Sales & Use Tax Rate Changes

Rate Changes ALABAMA: AL – Excel,  2.0%; AL – Excel,  (Agricultural Sales and Use Tax) 2.0%; AL – Excel,  (Automotive Sales and Use Tax) 2.0%; AL – Excel,  (Manufacturing Sales & Use Tax) 2.0%; AL – Excel Police Jurisdiction, 1.0%; AL – Excel Police Jurisdiction, City (Agricultural Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction,(Automotive Sales and Use Tax) 1.0%; AL – Excel Police Jurisdiction, (Manufacturing … Read More

Ask An Indirect Tax Expert: The Difference Between Taxation on License Fees, Access Fees and Hosting Fees

Ask An Indirect Tax Expert: The Difference Between Taxation on License Fees, Access Fees and Hosting Fees

During a recent Sales Tax Rate Update webinar given by ONESOURCE Indirect Tax the following question was submitted by an attendee. Our tax experts have submitted their response below. Question: Distinguish the difference between the taxation on license fees, access fees and hosting fees; is there a difference. Also, explain the determining factors to analyze on … Read More

Goose Creek South Carolina Hospitality Tax

Goose Creek South Carolina Hospitality Tax

The city of Goose Creek, South Carolina, has enacted a new hospitality tax of 2% effective January 1, 2014.   The new tax is controversial, with many residents questioning why the city council decided to adopt a new tax without mentioning a clear objective for the new tax revenue. Others are hoping that the revenue … Read More