Insights

How to Manage Your Exemption Certificates Smoothly

August 24, 2022.

If preparing, issuing, collecting, verifying, and storing exemption or resale certificates for exempt sales made in the US was not a daunting task previously, it most certainly is now. How a company manages these changes can have a positive effect on their state and local sales tax compliance as well...

CTPAT: July 2022

August 24, 2022.
Logistics Publications, Trade Publications

In July 2022, CBP updated the Customs Trade Partnership Against Terrorism (CTPAT) Handbook to include considerations to combat Forced Labor. Applicants of the CTPAT program shall declare if they have strategies or programs in place to detect y eliminate forced labor within their supply chains. CBP has doubled down their efforts...

PA Sales and Use Tax Audit Support Case Study

August 23, 2022.
Tax Publications

Allyn offers tailored audit management services that address all elements of the audit from start to finish. We leverage our team’s multi-state tax experience, expertise, and best practices to regularly achieve savings in excess of six figures. Allyn provided sales and use tax audit support for a heavy...

In Case You Missed It: Last Week in Allyn Tax News (August 15 - 19)

August 22, 2022.
Tax Publications

Stay In The Know, While On The Go Just recently, California passed a budget trailer bill regarding the sale and use of diesel fuel. From October 1, 2022 to October 1, 2023, gross receipts from the sale, storage, use, or consumption of diesel fuel are exempt from sales and use taxes. This exemption only...

An Ongoing Shipping Container Shortage

August 18, 2022.
Logistics Publications, Trade Publications

Shipping containers have always been a significant shipping unit for global trade. Without them, carriers would be unable to move large volumes of cargo. Since the 1950s they belonged to the backbone of supply chains and represented faster and cheaper solutions for moving goods between overseas markets. With the...

Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act

August 16, 2022.
Trade Publications

The United States Congress has passed and approved the CHIPS, which is focused on revitalizing the domestic manufacturing of microprocessors. The industrial strategy and policy aim to strengthen American supply chain and create jobs. The main objective of the CHIPS Act is to promote the manufacturing and fabrication of semiconductors...

In Case You Missed It: Last Week in Allyn Tax News (August 8-12)

August 15, 2022.
Tax Publications

To Exempt or Not To Exempt The Mississippi Attorney General determined the manufacturing exemption and the free port warehouse exemption for personal property that can be granted is at the sole discretion of the governing authorities of the county. If an entity is eligible, the governing authorities can grant...

In Case You Missed It: Last Week in Allyn Tax (July 25-29)

August 01, 2022.
Tax Publications

Farming for Taxes—Arkansas Clarifies Farming Machinery Exemption. A taxpayer failed to prove entitlement to the farm machinery and equipment exemption for an ATV purchased outside Arkansas. The machinery is not used exclusively and directly in the commercial production of food and fiber, and the taxpayer is not a...

What is the USDA’s new ACIR database?

July 28, 2022.

The U.S. Department of Agriculture (USDA) has implemented a new requirements database for the import of agricultural products. The Animal and Plant Health Inspection Service (APHIS) announced on July 14, 2022 the launch of their new database called “Agricultural Commodity Import Requirements” (ACIR). The benefits promised by APHIS...

Trade Enforcement Group Identifies Possible ADD/CVD Circumvention of Aluminum

July 25, 2022.
Logistics Publications, Trade Publications

The Aluminum Association Trade Enforcement Group* has introduced a recent filing to the Commerce Department over possible countervailing of 4017 aluminum alloy imports from China. The increase in 4017 aluminum imports has the association and trade experts questioning whether or not China is dodging antidumping and countervailing (ADD/CVD) orders previously imposed...

In Case You Missed It: Last Week in Allyn Tax News (July 18-22)

July 25, 2022.
Tax Publications

The More You Know; The More You Save – TX Online Learning Courses Exempt Online learning courses on academic subjects, professional topics, and vocational licensure preparation are not taxable, as determined by the Texas Comptroller of Public Accounts. On the other hand, sales of teacher plans which allow teachers to ...

CBSA’s New Priorities Should Be Your Priorities

July 19, 2022.
Trade Publications

Canada Border Services Agency (CBSA) has released their new Trade Compliance Verifications. As of July 2022, CBSA will be cracking down on items ranging from the classification of LED lamps to the valuation of shoes. CBSA is responsible for ensuring all goods imported into Canada are done so correctly. To...