Tax & Accounting Blog

Maine – Abatement of Property Taxes For taxpayers who are either applying for or appealing an abatement of property taxes, it is their right to receive  a written notice giving the reason why their request was not allowed, either in part or in full.  Also, this bill states that if an abatement decision is not … Read More

The Connecticut legislature has approved a tax amnesty program as part of the general state budget bill H.B. 6704. The amnesty period will run from September 16 to November 15, 2013, and is open to individuals, businesses, or other taxpayers that owe Connecticut state taxes (other than motor carrier road taxes) for any taxable period … Read More

With the HST only a few months behind them, the British Columbia Chamber of Commerce is calling on the Provincial Government to consider implementing a provincial value added tax. The BC Chamber, which represents more than 125 Chambers of Commerce and 36,000 businesses in the province, is urging the provincial government to make tax reform a top … Read More

An alert has been issued for bill HJR 133, which proposes an amendment be submitted to voters at the November 5, 2013 election authorizing the state of Texas to extend the number of days aircraft parts can be temporarily located in the state in order to qualify for the ad valorem exemption. For more information, see … Read More

The exemption for cargo containers primarily used for transporting cargo by vessels in trade and ocean commerce has been extended to the tax year ending June 30, 2020. This extension is effective ninety days after adjournment. … Read More

Thomson Reuters is exhibiting at the SAP Financials Conference taking place in Amsterdam from June 11 through June 13, 2013. Stop by and visit the ONESOURCE Indirect Tax exhibit booth #835. You could win your own Beats by Dr. Dre headphones just for visiting and entering your name in our … Read More