CCH Tax Day Report Virginia Gov. Terry McAuliffe has signed the biennial budget bill that contains a variety of retail sales and use tax provisions, as detailed below. Separate stories discuss income (TAXDAY, 2017/05/17, S.20) and other tax provisions (TAXDAY, 2017/05/17, S.19) also contained in the bill. Nexus: If a dealer has inventory in Virginia, […]

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CCH Tax Day Report The Ohio House of Representatives has passed legislation that would require out-of-state sellers to register with the Tax Commissioner to collect use tax if: (i) it has gross receipts in excess of $100,000 in the current or preceding calendar year from sales of tangible personal property for use in Ohio; or […]

The post Ohio ~ Sales and Use Tax: Bill Requiring Certain Out-of-State Sellers to Collect Tax Passed by House appeared first on Tax & Accounting Blog.

CCH Tax Day Report The North Carolina Senate has passed a budget bill that incorporates a number of corporate income and personal income tax changes from a previous bill (TAXDAY, 2017/04/07, S.14), including a requirement that corporate income taxpayers use market-based sourcing rules for apportioning business income to North Carolina, reductions in the corporate and […]

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CCH Tax Day Report The Hawaii Legislature has passed a bill that, if approved by the governor, would generally conform Hawaii corporate and personal income tax laws to the Internal Revenue Code (IRC) as amended as of December 31, 2016, for taxable years beginning after December 31, 2016. Currently, Hawaii generally conforms to the IRC […]

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CCH Tax Day Report The CEO and president of a defunct manufacturer did not willfully fail to pay over trust fund taxes. The two corporate officers took reasonable steps to ensure the timely payment of the trust-fund taxes and reasonably believed the taxes were being paid. Contrary to the district court’s holding, the corporation’s officers […]

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CCH Tax Day Report Utah sales and use tax would not be imposed on a company’s sales of cloud storage and infrastructure or on data transfer fees because the computer hardware housing the storage and infrastructure software was located outside of Utah. Payments made for software or services received by customers in Utah are taxable. […]

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