Insights
Return to PublicationsGeneral Average… everyone chips in… whether you like it or not!
June 14, 2023.
Logistics Publications, Trade Publications
If you ever saw The Perfect Storm, or All is Lost, or The Finest Hours, not only you may have seen a good production, but you also saw what in real life could be part of a General Average Declaration. The law of general average is a principle of maritime...
Read MoreLast Week in Allyn Tax News (June 5-9)
June 09, 2023.
Tax Publications
Extinguish the Tax On June 1, 2023, the Michigan Court of Appeals approved for publication its earlier decision holding that the annual fire inspection charge assessed on owners of commercial real property and multiunit residential real property located in Detroit is a fee, and not a tax, and so did not violate...
Read MoreLast Week in Allyn Tax News (May 29-June 2)
June 02, 2023.
Tax Publications
Unclaimed Property Services For many companies, a one-size-fits-all unclaimed property approach doesn’t work. That’s why our team of tax professionals use their deep expertise and innovative technology to customize, automate, and optimize your business processes to help ease the strain of your unclaimed property demands. Our...
Read MoreLast Week in Tax News (May 22-26)
May 26, 2023.
Tax Publications
Change for Veterans The California State Board of Equalization (SBE) has recently revealed the 2024 property value exemption amounts and the household income limit for the disabled veterans' property tax exemption. For the 2024 assessment year, the exemption amounts are $169,769 for the basic exemption and $254,656 for the low-income exemption. The household income...
Read MoreImportance of Proper Planning and Communication
May 26, 2023.
Logistics Publications, Tax Publications, Trade Publications
Even with things slowly returning to normal, the effects of COVID on the logistics community can still be seen. There are fewer drivers, moving more material than in previous years. To help make up for these on-going issues requires better planning and clearer communication. Clearer communication allows for...
Read MoreLast Week in Tax News (May 15-19, 2023)
May 19, 2023.
Fuel Up Fast The New York Department of Taxation and Finance has updated Publication 718-F (Local Sales and Use Tax Rates on Qualified Motor Fuel, Highway Diesel Motor Fuel, and B20 biodiesel), effective June 1, 2023. The following jurisdictions have altered their sales tax rate from the percentage rate to a cents-per-gallon...
Read MoreEU Bans Ukrainian Grain Exports to Romania
May 12, 2023.
Logistics Publications, Trade Publications
As Russia’s “special military operation,” continues in Ukraine, tensions rise in EU countries receiving a majority of Ukraine’s grain exports. The five countries impacted by the grain, Bulgaria, Hungary, Poland, Romania, and Slovakia have all protested the European Commission to restrict the overflow of...
Read MoreThis Week in Tax New (May 8-12, 2023)
May 12, 2023.
Tax Publications
Let’s Get Growing Maine Revenue Services has replaced the Tree Growth Tax Law Valuations for 2023. Effective May 2, 2023, the new rule supplies the valuation rates for each forest type by county for 2023. When property is enrolled in the Maine Tree Growth Tax program it may help reduce property taxes...
Read MoreRetroactive Tariffs on Solar Products Coming
May 05, 2023.
Logistics Publications, Trade Publications
The U.S. Senate voted on May 3, 2023, to reinstate tariffs on solar products from Thailand, Vietnam, Malaysia, and Cambodia. This comes after President Biden used a Trump-era policy to lift them. Biden aimed at increasing U.S. solar production and fighting climate change when he used the policy to create...
Read MoreAllyn International Contributes more than $8000 to Local Charity, LEAD Estero
April 24, 2023.
Allyn International Contributes more than $8000 to Local Charity, LEAD Estero FORT MYERS, Fla. (April 24, 2023) – Allyn International (Allyn), a local supply chain consulting firm, has donated $8,415.30 to LEAD Estero. Each quarter at Allyn, an employee is given the opportunity to raise funds for a nonprofit of their choice. For Allyn...
Read MoreIn Case You Missed It: Last Week in Sales Tax News
April 21, 2023.
Tax Publications
In Case You Missed It: Last Week in Sales Tax News Storm Warning! The Texas Comptroller of Public Accounts reminds taxpayers that the emergency preparation supplies sales tax holiday for 2023 will begin on Saturday, April 22 and end on Monday, April 24. The emergencies relate to natural disasters that causes physical...
Read MoreNearshoring, the new commercial strategy between Mexico and the US
April 21, 2023.
Throughout history, world economy has been evolving and adapting to new productive, logistical, and financial needs, derived from international phenomena. Covid 19 has exposed problems in the supply chains in a globalized world, high cost in transportation from the point of manufacture to the sales point, caused a series of important...
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