Insights

House’s 7 Principles for Internet Sales Tax Bill

March 28, 2014.
Tax Publications

House Judiciary Committee Chairman, Bob Goodlatte, (R-Va.) released seven principles for devising an Internet Sales Tax Bill on September 18. This is a follow-up to the passage of the Senate legislation in May of 2013. In a press release, Goodlatte said, "The aim of the principles is to provide a...

Qualities of a Fair State Tax Administration Part 2 – Even-Handed Statute of Limitations and Interest Rates

March 28, 2014.
Tax Publications

This is the second in a series of posts about the qualities of a fair state tax administration. These measurements were used by the Council on State Taxation (COST) to analyze each state’s fairness in administering its taxes. The qualities discussed in this article are even-handed...

Qualities of a Fair State Tax Administration Part 1 – Independent Appeals

March 27, 2014.
Tax Publications

This is the first in a series of posts about the qualities of a fair state tax administration. These measurements were used by the Council on State Taxation (COST) to analyze each state’s fairness in administering its taxes. Their fifth annual report is found here. The...

Louisiana Enacts Amnesty Program

March 26, 2014.
Tax Publications

The Louisiana Department of Revenue (LDR) has implemented a tax amnesty program applicable to all the taxes they administer except motor fuel taxes and penalties for failing to submit information reports not based on an underpayment of tax. Periods in Which Taxpayers Can File There are two remaining periods in...

Is Your Company Subject to Sales Tax?

March 25, 2014.
Tax Publications

If your company has recently expanded or begun doing business in a different way, you may have unknowingly triggered an act that subjects you to state or local sales tax. Some of the items that could trigger sales tax nexus include: • You have opened up offices...

What is required to ship cargo out of the US, i.e. a rig?

March 24, 2014.
Logistics Publications

Q: What is required to ship cargo out of the US, i.e. a rig? A: The seller has the responsibility of organizing several documents. There are some instances where freight forwarders complete the majority of the paperwork that is needed as well, however, the shipper or customer is responsible...

Drop Shipment Challenges to Sales Tax Compliance

March 20, 2014.
Tax Publications

In sales transactions between two parties, a consumer and a seller, it is generally easy to determine whether to collect sales tax and from whom. If the seller has nexus and is registered in the consumer’s state, then the seller must collect and remit sales tax in...

Unclaimed Property: Delaware Receives a “D-” Score

March 16, 2014.
Tax Publications

Delaware, “the first state”, may be called the “worst state” when it comes to grades for unclaimed property laws. The Council on State Taxation (COST) recently assigned a D- to the state. The full report is found here. Unclaimed property laws were originally implemented...

COST Publishes Best & Worst of State Tax Administration Scorecard

March 16, 2014.
Tax Publications

The Council on State Taxation (COST) recently published their fifth annual scorecard on the Best & Worst of State Tax Administration. Maine and Ohio take top honors as “A” rated states. California and Louisiana come in last with D minuses, and Pennsylvania showed the most improvement in 2013,...

ADD Changes for Aluminum Extrusions

March 12, 2014.
Trade Publications

US Customs and Border Protection (CBP) modified Anti-Dumping Duty order (ADD) A570-967 on February 24, 2014. The changes extend the scope of the order to include additional parts and types of products. This modification to the order may require importers to provide additional information upon import. Anti-Dumping case A570-967...

Decision to Strike Down Colorado’s “Amazon Law” Thrown Out by Tenth Circuit

March 06, 2014.
Tax Publications

Background Colorado established a sales tax law (Colo. Rev. Stat. §39-21-112(3.5)) requiring any retailer selling $100,000 or more of products to customers located in Colorado who does not collect and remit sales tax in Colorado to: 1) Notify the purchaser of their obligation to report and pay use tax, 2)...

Internal Revenue Service Appoints New Deputy Commissioner

March 01, 2014.
Tax Publications

New Commissioner The Internal Revenue Service announced on August 26, 2013 the appointment of a new Deputy Commissioner for Services and Enforcement. John M. Dalrymple has been with the IRS for 31 years and started his new role on September 16, 2013. He has previously served as IRS Deputy Commissioner for Operations Support...