Insights

A New Approach to U.S. China Trade Relationship

October 27, 2021.
Logistics Publications, Trade Publications

The U.S. Trade Representative (USTR) has laid out the Biden administration’s new approach to the U.S. trade relationship with China. With the goal of “creating a level playing field for the American workers, farmers, and businesses”, the administration has spent several months examining...

Rates Rise for U.S. Shippers by 5.9% for DHL

October 11, 2021.
Logistics Publications, Trade Publications

Due to inflation and an increase in investments, carriers are experiencing higher costs. These higher costs are causing many price hikes for various carriers including DHL and FedEx. Effective January 1, DHL will raise its rates by 5.9% to match the price hike of FedEx. This price increase will include account holders...

Merchandise Processing Fee (MPF) 2021 Update

October 01, 2021.
Logistics Publications, Trade Publications

Per the CSMS #48938836 Message the US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2021. The minimum merchandise processing fee (MPF) will be increased to $27.75 from $27.23 and the maximum will be raised to $538.40 from $528.33. MPF is assessed by CPB for most imports into the US on...

In Case You Missed It: Last Week in Allyn Tax News (September 13-17)

September 22, 2021.
Tax Publications

Capital Equipment Exemption in Minnesota The Minnesota Department of Revenue has updated a fact sheet explaining the state's capital equipment exemption clarifying that purchasing agent agreements are not required for contractors to purchase capital equipment materials exempt from tax. Persons who buy or lease capital equipment for use in...

Oregon’s Corporate Activity Tax

September 15, 2021.
Tax Publications

Did you know that several states have their own taxes unique to them that businesses must file in order to remain compliant? States such as Washington, Delaware, and Oregon have state specific taxes. Oregon’s Corporate Activity Tax (CAT) is a state specific tax that was signed into law...

Driver Shortage

September 10, 2021.
Logistics Publications, Trade Publications

The transportation industry is highly aware of the truck driver shortage for some time now. The issue is still very relevant and has gotten worse within the past few years. A recent article stated that “in 2018 the trucking industry was short about 60,800 truckers, a shortfall that is expected to...

$1.1 Trillion Infrastructure Bill is Government’s Latest Move on Cryptocurrency Taxation

September 09, 2021.

The proposed infrastructure bill valued at just over $1 Trillion over a 5-year period has recently made its way through the senate1. The Bipartisan Infrastructure Deal is monumental and would make some of the largest federal investments in public transit, clean drinking water, bridges, and electrical vehicle infrastructure in the...

In Case You Missed It: Last Week in Allyn Tax News (August 30 - September 3)

September 07, 2021.
Tax Publications

Lawn Care in Arkansas: Taxable or Exempt? Lawn mowing services provided to a company that leases houses as vacation rentals are not subject to sales tax because these properties are considered to be residential property. The character of the property determines whether the lawn services are subject to sales tax. ...

Make or Break: Exemption Certificate Management

September 03, 2021.

Generally speaking, sellers are required to charge sales tax on all transactions of taxable products or services, however, there are some exceptions. Some of the more common exceptions are when sales are made directly to the Federal Government, if the buyer intends to resell the item in question, or if...

5 Things to Consider When Accruing Use Tax for Manufacturing Locations in Pennsylvania

August 31, 2021.
Tax Publications

The state of Pennsylvania exempts sales tax on the purchase of materials, equipment or services that are used directly in the manufacturing process according to state law. This manufacturing exemption sounds simple on the surface; however, it can be tricky and time consuming to determine the taxability of certain...

Saving Duties On Goods Returned

August 31, 2021.
Logistics Publications, Trade Publications

Background Items are being shipped all over the world every second of every day. That large amount of trade can get costly with tariffs, duty rates, and other shipping costs. With all that spending, there must be some ways to save money on those shipments. Well, if your items are...

In Case You Missed It: Last Week in Allyn Tax News (August 23-27)

August 31, 2021.
Tax Publications

Items given as gifts by a Charitable Organization in Colorado: Taxable or Exempt? The Colorado Department of Revenue (CDOR) has issued a general information letter discussing sales and use tax on items given as gifts by a charitable organization. CDOR provides the general rule that charitable organizations engaging in the...