Tax & Accounting Blog

Indiana Issues Directive on Electronically Transferred Products

Indiana Issues Directive on Electronically Transferred Products

The Indiana Department of Revenue has issued Directive No. 41, 09/01/2011 concerning the taxability of products transferred electronically. In order to be in compliance with the SSUTA, effective September 1, 2011, the Department may impose sales and use tax on products transferred electronically only if the products meet the definition of specified digital products, ancillary … Read More

onesource

States Getting Serious About Swapping Income Tax For Sales Tax

Kansas and Missouri are leading the charge to eliminate state income tax, and replacing it with a more broad-based sales tax.  Opponents say this will unfairly shift the tax burden from the wealthy onto the middle class and create an even larger revenue gap in already hurting states, while supporters believe this will provide employers … Read More