Tax Publications


California BOE to Visit Retailers

Posted on March 29, 2013. Category: Tax Publications

If you are a retailer in California, you may be getting a visit from the California Board of Equalization SCOP (Statewide Compliance and Outreach Program) teams.  In a recent news release, the BOE stated that some 9,688 business owners in select zip codes will be affected.The purpose of the visit is to educate retailers about correctly reporting sales and use tax, increase tax law compliance, and continue outreach efforts to assure a fair and equal tax system for all Californians. Business-related questions will be asked of taxpayers in an effort to ensure compliance with permits, registration, and licenses.ZIP...

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Virginia – When is Idle Equipment Idle?

Posted on June 13, 2012. Category: Tax Publications

If you are a business in Virginia with idle (not in use) machinery and equipment, you may be eligible for a business tangible property tax exemption on such equipment.  Knowing the process for declaring idle equipment will save you time and money but only if you plan ahead. Virginia Code § 58.1-3507 A provides that: Machinery and tools, except idle machinery and tools…used in a manufacturing…business shall be listed and are hereby segregated as a class of tangible personal property separate from all other classes of property and shall be subject to local taxation only. ...

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Pennsylvania Remote Sellers – Got Nexus?

Posted on March 13, 2012. Category: Tax Publications

The Pennsylvania (PA) Department of Revenue (DOR) is reminding retailers who have nexus (i.e. presence, connection) with the Commonwealth to collect PA sales tax, including sales made via the internet, catalog, and telephone.  PA has long imposed a sales tax on each sale of tangible personal property (TPP) made within the Commonwealth.   The Tax Reform Code of 1971 contains provisions requiring vendors that are maintaining a place of business within the Commonwealth to collect sales tax on each retail sale.  Who Is Responsible? The PA vendor is required to collect sales tax from the purchaser and remit...

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California Local Sales & Use Tax Rates Change

Posted on March 13, 2012. Category: Tax Publications

State Board of Equalization announced local sales and use tax rate increasesThe California State Board of Equalization has announced increases to a number of local sales and use tax rates effective October 1, 2012.Of the eight counties listed, all experienced an increase in rates.  Rate changes ranged from 0.25% to 1% compared to the old rates.   California SBE Special Tax Notice Number L-321, dated 9/1/2012, details the jurisdictions and their new rates.  Additionally, Solano County extended its present tax rate through September 30, 2030.  Stanislaus County extended it current tax rate through June 30, 2018.What are the Rates?  Area     ...

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