Economic data point out uncertainty
Wyoming Business ReportApril 30, 2012
By Mark Wilcox The newest numbers from Wyoming's Economic Analysis Division indicate ups and downs in for the state's economy, including improved sales and use tax collections and weak natural gas prices. According to the report, fiscal-year sales and ...more »
Uncollected Internet Sales Taxes Cost Missouri $468 Million Annually
Newsroom AmericaApril 30, 2012
To attempt to collect some e-commerce sales tax revenue, 24 states have joined the Streamlined Sales and Use Tax Agreement. Missouri is not a member state. Member states encourage companies that sell over the Internet and by mail order to collect taxes ...more »
California Enterprise Zone Tax Credits: FTB Audit Authority Confirmed
JD Supra (press release)April 30, 2012
Enterprise Zone Hiring and Sales and Use Tax Credits totaling $266000000 were claimed on the tax returns of 4970 corporate employers for 2009, the most recent year for which the California Franchise Tax Board (FTB) has released figures.more »
Bill cuts tuition by closing corporate loophole
Boston.comApril 30, 2012
The deal, constructed during the height of the state's budget crisis, allowed companies operating in multiple states to choose the cheaper of two formulas for calculating their tax liability in California. They can use an option that considers sales, ...more »
Bill cuts tuition by closing corporate loophole
BusinessWeekApril 30, 2012
The deal, constructed during the height of the state's budget crisis, allowed companies operating in multiple states to choose the cheaper of two formulas for calculating their tax liability in California. They can use an option that considers sales, ...more »
Bill cuts tuition by closing corporate loophole
CNBC.comApril 30, 2012
The deal, constructed during the height of the state's budget crisis, allowed companies operating in multiple states to choose the cheaper of two formulas for calculating their tax liability in California. They can use an option that considers sales, ...more »
Bill cuts tuition by closing corporate loophole
TheReporter.comApril 30, 2012
The deal, constructed during the height of the state's budget crisis, allowed companies operating in multiple states to choose the cheaper of two formulas for calculating their tax liability in California. They can use an option that considers sales, ...more »
PA House Agenda for April 30 - May 4
Patch.comApril 30, 2012
... and increases the fine range for enhanced liquor code violations from $1000-$5000 to $2000-$10000. HB 60 (Rep. Kate Harper, R-Montgomery): Prohibits a public utility from charging standby fees to volunteer fire companies, nonprofit rescue squads ...more »
Weather preparedness tax holiday signed into law
WALA-TV FOX10April 29, 2012
(WALA) - Governor Robert Bentley signed into law House Bill 436, a measure that will provide an annual sales tax holiday for severe weather preparedness items. “The bottom line is this sales tax holiday can help save lives. We want to encourage people ...more »
Cities' efforts could secure data center
DesMoinesRegister.comApril 29, 2012
The state has no sales or use tax on equipment and computer purchases; no property tax on equipment or computers; and no sales tax on power. • Iowa also may provide tax credits for projects that create high-paying jobs, or with large capital investment ...more »
Area election overview
Corpus Christi Caller TimesApril 29, 2012
By Julie Silva The reauthorization of the local sales and use tax in the city of Beeville, Texas, at the rate one-eighth of one percent, .125 percent, to continue providing revenue for maintenance and repair of municipal streets.more »
Amazon sends out sales tax notices
Chattanooga Times Free PressApril 29, 2012
by Carey O'Neil To pay uncollected consumer use tax, the equivalent of sales tax for online purchases, visit https://apps.tn.gov/usetax. Matt Malone's wife buys pretty much everything on Amazon.com. "Shoes, cologne, movies, books -- she'd rather have ...more »
Tax breaks to benefit data centers, food processors
Columbia Basin HeraldApril 28, 2012
Among other things, it restores sales and use tax exemptions for data centers built in rural areas and extends business and occupation tax breaks for the state's food processors. The bill extends tax breaks from three to eight years for data centers, ...more »
Tax Alamo? Amazon Strikes Texas Tax Deal While Illinois Tax Goes Down
ForbesApril 28, 2012
Yup, Amazon.com reached a tax agreement with Texas officials. Meanwhile, an Illinois court has ruled its Amazon-tax law unconstitutional, a decision that seems certain to be appealed. The Texas compromise calls for the online giant to start collecting ...more »
Amazon strikes deal with Texas on taxes, jobs
San Antonio ExpressApril 28, 2012
By Ronnie Crocker and Patel Purva Amazon.com will start collecting sales and use taxes on all online purchases made in Texas beginning July 1 under an agreement that settles a dispute with the state. Comptroller Susan Combs said the terms address a ...more »
