Tax & Accounting Blog

Pennsylvania Unveils New Online Sales Tax Policy

Pennsylvania Unveils New Online Sales Tax Policy

The  Department of Revenue issued a bulletin on December 1st announcing its reinterpretation of existing law regarding nexus. In announcing the new policy, state Secretary of Revenue Dan Meuser said the bulletin is intended to clarify laws regarding which businesses must collect sales tax for the state. Under the Pennsylvania Tax Reform Code (TRC), any … Read More

South Dakota Gathers Enough Signatures To Bring Tax Increase To Vote

South Dakota Gathers Enough Signatures To Bring Tax Increase To Vote

 The Secretary of State has certified that a grassroots movement, Moving South Dakota Forward, has gathered more than the 16,000 required signatures to get a 1 percent state sales tax increase on the November 2012 ballot.  Although previous polling didn’t promise much support, voters will get a chance to make their choice on Measure 15 … Read More

SC Supreme Court Considering Sales Tax Exemption Case

SC Supreme Court Considering Sales Tax Exemption Case

The South Carolina Supreme Court is currently considering arguments in a case filed by Mathew Bodman that could eliminate the state’s 78 sales tax exemptions. The suit argues that the exemptions and tax caps contained in  S.C. Code Ann. §§ 12-36-2110 and 12-36-2120 are unconstitutional and should be removed. According to the plaintiff, the statutes’ tax … Read More

Maine Includes Medical Marijuana Brownies Under Prepared Food Rate

Maine Includes Medical Marijuana Brownies Under Prepared Food Rate

When Maine first approved medical marijuana, it was decided that marijuana provided for medical purposes would be subject to the 5 percent state sales tax.  Now, lawmakers have issued an opinion that  brownies including medicinal marijuana fall under the higher prepared food rate of 7 percent.  Opponents are upset, saying that medicine should not be … Read More