Tax Publications


Sales Tax Reform May Not Be Seen Until 2017

Posted on September 08, 2015. Category: Tax Publications

Two sales tax reform bills have been introduced to Congress this year:  the Marketplace Fairness Act and the Remote Transaction Parity Act.  The Marketplace Fairness Act (MFA) passed the Senate in 2013 but did not make it through the House Congressional session that ended in 2014.  It was reintroduced in 2015 with very few changes.Utah Congressman Jason Chaffetz introduced the Remote Transaction Parity Act (RTPA) claiming it is friendlier to small business owners than the MFA.  The bill would initially exempt online businesses making less than $10 million in remote sales per year from collecting sales tax at the...

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Four States Offer Tax Amnesty

Posted on June 09, 2015. Category: Tax Publications

State Tax AmnestyFrom time to time, various states may offer a period of tax amnesty during which taxpayers may come forward and register with a state for sales tax and remit without penalty and/or interest.  The amnesty programs generally run for a limited period of time and apply to specific tax types for certain periods.Companies who do business in a given state should frequently evaluate their nexus footprint to ensure they are compliant in the states in which they operate.  Nexus can be based on employees, property, or even sales, service, or trade show visits...

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Nevada Senate Approves Historic Tax Hike to Fund Education

Posted on June 07, 2015. Category: Tax Publications

Nevada Governor, Brian Sandoval, urged lawmakers in his 2015 State of the State address to focus on education.  “Improving our public education system must therefore begin with modernization, and modernization requires investment.”  The investment Sandoval spoke of totaled to a $1.1 billion package to improve K-12 education, the highest tax hike in the history of the state.  The Nevada Senate approved all of Sandoval’s proposals on June 1, 2015 even though vocal critics tried to persuade the legislature that the bill was similar to a business tax plan that was voted down by the public in November. ...

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Tennessee Tax Law Modifications

Posted on June 07, 2015. Category: Tax Publications

Sales & Use Tax ImpactEffective July 1, 2015, the Revenue Modernization Act (the Act) (H.B. 0644) includes several modifications to Tennessee law.  The modifications affect sales tax nexus determination and the application of sales tax to remotely accessed software.  Technology based companies and online gaming organizations may want to review the law changes to better understand the sales tax impact.Remotely Accessed SoftwarePresently, computer software sales are subject to Tennessee sales and use tax regardless of the delivery method (i.e. electronic, tangible storage media, loaded, other).  As of July 1, 2015, computer software now includes remotely accessed...

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Remaining Compliant During Organizational Changes

Posted on June 07, 2015. Category: Tax Publications

Steps Companies Can Take to Ensure ComplianceIf your company is undergoing an organizational change, there are certain steps that must be taken to ensure that the business remains in compliance with federal, state, and local tax laws and regulations. Organizational changes can include a new name, new locations, nature of the business, or ownership.Secretary of StateOrganizations that want to establish a new name must first notify the Secretary of State and submit a request to change the name in the articles of incorporation. If the business has previously filed a “Doing Business As” this must...

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Top 5 Trends in Tax

Posted on May 18, 2015. Category: Tax Publications

We have asked senior managers at Allyn International to investigate the top trends in Tax and compile the top 5 topics that are #trendingnow. Click on the link below to read the full document.Top 5 Trends in TaxAre you interested in knowing more about these trends? Just tweet us using the hashtag #allynintl or email us at sales@allynintl.com.

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Florida Revokes Registration

Posted on March 27, 2015. Category: Tax Publications

Certificate of RegistrationCompanies who do business in Florida and have nexus are required to register for sales and use tax with the state of Florida Department of Revenue (FL DOR).  If a business will have taxable transactions, it must register with the Department of Revenue before conducting business in Florida.Upon approval from FL DOR, the taxpayer receives a Certificate of Registration (Form DR-11) and a Florida Annual Resale Certificate for Sales Tax (Form DR-13). The resale certificate allows businesses to purchase or rent property or services tax-free (when such purchases or rentals will be...

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Arizona Sales Tax Deductions

Posted on March 26, 2015. Category: Tax Publications

Deduction Code ChangesAs of January 1, 2015, Arizona broadened the list of state, county, and city deduction codes listed on its TPT-1 in an effort for taxpayers to properly claim deductions on the return.  The TPT-1 is the Transaction Privilege (Sales), Use, and Severance Tax Return.City codes have changed and are now standard between all cities and match state deduction codes in most cases.All deductions taken on the return must have a deduction code from the choices available.  Deduction codes 888 and 999 are no longer permissible.  If a taxpayer uses these former codes, they will be disallowed;...

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Utilities: Manufacturing or Not?

Posted on March 17, 2015. Category: Tax Publications

For many manufacturing businesses located in the state of Pennsylvania, sales tax paid on electricity, gas, and water can add up quickly over the years.  The Pennsylvania utility sales tax exemption can result in thousands of dollars in tax savings.  To lower or reduce a company’s utility costs, a comprehensive utility study can be performed in order to claim these exemptions.There are many types of utility exemptions for other states, so a specific state study would need to be conducted.  In most scenarios, the power consumed to operate most manufacturing or processing equipment in...

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Marketplace Fairness Act of 2015

Posted on March 16, 2015. Category: Tax Publications

Marketplace Fairness Act reintroduced into Congress“E-Fairness” proponents have launched a bill in Congress that is almost verbatim to the Marketplace Fairness Act of 2013 bill.  US Senators Mike Enzi, Dick Durbin, Lamar Alexander, and Heidi Heitkamp have reintroduced the bill with the purpose to “restore States’ sovereign rights to enforce State and local sales and use tax laws.”The E-Fairness proponents are hoping to change a legal exception that now allows online retailers to avoid charging and collecting sales tax in states where they don’t have a physical presence (store, warehouse, office,...

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