Tax & Accounting Blog

Soda Tax Wars

Soda Tax Wars

Richmond and Monterey, California, are the latest battlegrounds in the $111 billion soda industry’s fight to defend their near-perfect record of defeating proposed taxes on sugary drinks. In November, voters in these cash-strapped cities will decide whether to pass penny-per-ounce taxes on sugar-sweetened drinks to bolster municipal coffers and “fight obesity.” Approval of this type of … Read More

Rhode Island Increases Taxes on Transportation Services

Rhode Island Increases Taxes on Transportation Services

Beginning 1 October 2012, Rhode Island’s 7 percent sales and use tax will apply to taxicab, limousine, charter bus, and all other ground passenger transportation services. The tax shall apply to point-to-point ground transportation, but does not apply scenic or sightseeing tours. This tax expansion was actively fought against by the Taxi Owners Association of … Read More

Chesterfield Outlet Mall Aims at an Early Opening for the 2013 Sales Tax Holiday

Chesterfield Outlet Mall Aims at an Early Opening for the 2013 Sales Tax Holiday

One of the developers racing to build rival outlet malls in Chesterfield, Missouri has accelerated its construction schedule. Taubman Centers Incorporated announced that its new outlet mall under construction in Chesterfield will open nearly three months earlier than previously planned. The mall will now be completed and opened, 2 August 2013 in order to be … Read More

Webcast: ONESOURCE Indirect Tax – Surviving a Sales Tax Audit – An Insider’s View

Webcast: ONESOURCE Indirect Tax – Surviving a Sales Tax Audit – An Insider’s View

Join Carla Yrjanson, VP of Tax Research & Content, and former state auditor, on Thursday, September 20th, 2012 at 10AM PT (1PM ET) for this 30 minute session on surviving a sales tax audit and you will learn: • Statistics on the probability of you being audited this year • Survey results highlighting the average cost of penalties & … Read More

Campbell County Looks at a Meals Tax to Pay for School Budget

Campbell County Looks at a Meals Tax to Pay for School Budget

Campbell County is preparing for the meals tax referendum on the November ballot. Supervisors are scheduled to talk about a campaign to inform residents that this tax will be instrumental in raising funds for the school budget.  The proposed 4.0% meals tax is projected to raise $1.5 million in new revenue annually. As things stand Campbell County … Read More