Tax & Accounting Blog

Update to California Section 410 Assessment of Newly Constructed Property

Update to California Section 410 Assessment of Newly Constructed Property

On May 22, 2014, the California State Board of Equalization adopted a new section for the Assessors’ Handbook: Section 410, Assessment of Newly Constructed Property. The new section is a compilation of information included in the Revenue & Taxation Code statutes, property tax rules, and court cases as they relate to newly constructed … Read More

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

New York – U.S. sales tax burden stayed flat, and indirect tax changes declined in the first quarter of 2014, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. Thomson Reuters quarterly ONESOURCE Indirect Tax rate report summarizes changes in sales, use and value added taxes. In Q1 2014, state … Read More