Tax & Accounting Blog

Kentucky’s ‘Blue Ribbon Commission on Taxation’ is on the Clock

Kentucky’s ‘Blue Ribbon Commission on Taxation’ is on the Clock

Kentucky Gov. Beshear’s “Blue Ribbon Commission on Taxation” is due to deliver a finalized report of its recommendations for updating the state tax code. The Commission has held 14 hearings during the year, which included testimony from business leaders, tax experts, and other citizens. The Governor has acknowledged that passing a comprehensive tax reform within … Read More

December Sales and Use Tax Rate Changes

December Sales and Use Tax Rate Changes

December did not have a lot of changes, but we did implement new auto rental authorities and/or rates throughout several more states this month. Below you can reference a selection of the changes that took effect in December 2012: Rate Changes: Alabama: Dallas County 1.5% (Sales & Use), 0.75% (Agricultural and Auto), 1.25% (Manufacturing) – RDS has changed the … Read More

Thomson Reuters Report: Number of Global Indirect Tax Changes Increases 62 Percent in Q3

Thomson Reuters Report: Number of Global Indirect Tax Changes Increases 62 Percent in Q3

New York, November 14, 2012 – Worldwide, there were 62 percent more indirect tax changes in the third 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 525 tax code changes in Q3 2012, compared with 324 in … Read More

Arizona Rejects Permanent Sales Tax Increase

Arizona Rejects Permanent Sales Tax Increase

Voters in Arizona rejected Proposition 204, which would have permanently increased the state sales tax by 1%, and benefited the school systems.  This permanent increase would have effectively replaced the existing 1% temporary sales tax increase, which will expire May 31, 2013. Source: http://azdailysun.com/news/local/state-and-regional/sales-tax-hike-for-schools-defeated/article_3d870892-aeab-53d7-9991-3aeb14d3c893.htmlRead More