Insights

In Case You Missed It: Last Week in Allyn Tax News

August 11, 2021.
Tax Publications

Maryland Ruling: Interstate Commerce Exemption for Aircrafts Maryland’s Court of Special Appeals recently ruled that a taxpayer’s purchase of an aircraft was not exempt from sales and use tax as interstate commerce. The aircraft was purchased by the taxpayer in Ohio and then stored in the...

One Reason Your Business is not Operating as Effectively as It Should

August 10, 2021.
Tax Publications

What are Workplace Procedures? An organizations’ procedures are the standardized methods of which to tackle regularly recurring tasks which require accuracy and attention to detail. Across all industries, employers and employees alike do not have systems in place to track and maintain the proper office procedural organization to the...

Merchandise Processing Fee Update

August 05, 2021.

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...

Coronavirus Update - August 3, 2021

August 03, 2021.
Logistics Publications, Coronavirus Updates

Allyn International is committed to providing you with the latest updates during this very fluid and ever-changing period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions. The COVID-19 Delta variant has shown to be more...

Bundled Transactions: 5 Steps to Determining Taxability

August 03, 2021.
Tax Publications

What Is a Bundled Transaction? A bundled transaction is the retail sale of two or more products in which (1) the products are distinct and identifiable and (2) the products are sold for one non-itemized price. The reason this matters to businesses is that, if a bundled transaction includes a taxable product,...

Typhoon In-Fa hits East China

August 02, 2021.
Logistics Publications, Trade Publications

Recently, East China's Zhejiang Province upgraded its emergency response to Typhoon In-Fa to the highest Level I from July 24, Saturday at noon. Shanghai maintained the second-highest level of warning against typhoon and the third-highest level of warning against rainstorms on Sunday since issuing the alerts on Saturday afternoon. The...

Three Tax Aids Available to Montana Wildfire Victims

July 29, 2021.
Tax Publications

Our hearts go out to all those in Montana who have been impacted by the recent wildfires. The state of Montana offers tax relief for citizens that have been impacted in the form of extensions and reductions. The below links direct you to the Montana Department of Revenue website and...

Ruling Affirmed: Tax Exemption for Ohio Property Rented on Airbnb Properly Denied

July 27, 2021.
Tax Publications

The Ohio Board of Tax Appeals has ruled that the Tax Commissioner appropriately denied a real property tax exemption on a portion of a property that the owner rents out on Airbnb. The facts of this appeal are quite interesting when looked at collectively. The property in question is a...

Coronavirus Update - July 21, 2021

July 21, 2021.
Coronavirus Updates

The Importance of Export Screening

July 15, 2021.
Logistics Publications, Trade Publications

U.S. Exporters must comply with all U.S. export regulations regardless of the volume or value their exports. A major component of U.S. export law is Restricted Party Screening, also known as Denied Party Screening. The U.S Departments of State, Commerce and Treasury as well as other...

Coronavirus Update - July 13, 2021

July 13, 2021.
Coronavirus Updates

International Energy Agency Look into Oil After Covid

July 09, 2021.
Logistics Publications

As life begins to resemble what was once normal pre-pandemic, the impact of Covid-19 is still being felt in the form delays and shortfalls across all industries. The oil and gas industry, for example, was severely impacted since most people did not commute as much in the last year causing...