Tax & Accounting Blog

Virginia Governor Proposes Gas Tax Cut, In Favor of Higher Sales Tax

Virginia Governor Proposes Gas Tax Cut, In Favor of Higher Sales Tax

 Tuesday (1/8/13), Virginia Governor Bob McDonnell proposed cutting the state’s 27-year-old $0.175 per gallon gas tax, which would make Virginia the first state in the country to do so.  His proposal also  increases the general sales tax from 5% to 5.8%.  The gas tax currently accounts for 30% of the state’s transportation revenues, but with the … Read More

Webcast: ONESOURCE Indirect Tax – Sales Tax Update: January 2013

Webcast: ONESOURCE Indirect Tax – Sales Tax Update: January 2013

Join us Thursday, January 10th at 10AM PT (1PM ET) as sales tax experts from our ONESOURCE Indirect Tax team present a variety of tax topics and answer questions submitted by participants. – Product Taxability Changes – Sales Tax Holidays – Amnesty Programs – Tax Rate Questions Submitted by Participants – Sales, Use, VAT, and Excise … Read More