Tax & Accounting Blog

Webcast: ONESOURCE Indirect Tax – Sales Tax Update: October 2012

Webcast: ONESOURCE Indirect Tax – Sales Tax Update: October 2012

Join us Thursday, October 11th 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

South Dakota Debates Increasing the State’s Sales Tax Rate 25%

South Dakota Debates Increasing the State’s Sales Tax Rate 25%

Three candidates for seats in the South Dakota Legislature, debated increasing the state sales tax on Tuesday, 2 October 2012. Two current lawmakers, state Sen. Dan Lederman, R-Dakota Dunes, and state Rep. Jim Bolin, R-Canton, argued against the 1.0% tax increase that will go before South Dakota voters in Initiated Measure 15. This measure would raise the state tax … Read More

Glendale Arizona Considers Plan B to Balance Their Budget

Glendale Arizona Considers Plan B to Balance Their Budget

Glendale officials have laid out a plan to cut $20 million in city government, if voters approve the November ballot measure  to repeal a sales tax hike, which went into effect 1 August 2012. The Arizona Republic reports “that the possible changes include cutting nearly a quarter of the city’s employees and shuttering two of the three … Read More

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs Expands Tax Breaks to Attract Business

Colorado Springs’ Mayor, Steve Bach, has unveiled a new tax plan for the city featuring tax breaks for companies relocating to or expanding their operations within the city and “commercial aeronautical zone.” These breaks, which Bach called “economic vitality accommodations,” are only intended to be temporary changes to the city’s tax policy. The incentives include rebates for the city’s … Read More

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

Massachusetts Mayors Form Massachusetts Main Street Fairness Coalition

There has been a lot of recent news about online retailers, Amazon specifically, beginning to charge sales tax on online purchases within select states.  Massachusetts is not one of those states and a group of Massachusetts governors have developed a coalition, The Massachusetts Main Street Fairness Coalition, to force them to apply sales tax in their state as … Read More