CCH Tax Day Report An Illinois appellate court held that online travel companies (OTCs) were not liable for Chicago’s hotel accommodations tax on the fees the OTCs charged customers who reserved hotel rooms with the OTCs because the fees were not rent. For the tax years at issue, a Chicago ordinance imposed a tax on […]

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CCH Tax Day Report The California Franchise Tax Board (FTB) announced that it is withdrawing FTB Notice 96-3, which declared that the FTB would not follow the federal procedures for a change of accounting method involving previously unclaimed but allowable depreciation or amortization deductions provided by IRS Revenue Procedure 96-31 (1996-1 C.B. 714). The procedures […]

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CCH Tax Day Report Legislation is enacted that authorizes a Tennessee local option transit surcharge and decreases the state sales and use tax rate on food sold at retail. Local Option Transit Surcharge Effective April 26, 2017, a local government is authorized to levy a Tennessee local option transit surcharge on the following local privilege […]

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CCH Tax Day Report Legislation has been enacted without the governor’s signature that updates Maine’s corporate income and personal income tax federal Internal Revenue Code (IRC) conformity date to December 31, 2016 (the previous conformity date was December 31, 2015). The change applies to tax years beginning on or after January 1, 2016. L.D. 885 […]

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CCH Tax Day Report Fees paid to vendors for software interface development were not subject to Indiana sales tax because the interfaces were services provided by the vendors. Charges for accessing a vendor’s or a third party’s prewritten computer software on the cloud are not taxable if 1) the customer is not transferred the software, […]

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CCH Tax Day Report Hawaii legislation has been enacted that changes the frequency of filing returns of income taxes withheld on wages from monthly to quarterly for all employers, effective January 1, 2018. The frequency for withholding tax payments will not change. An employer whose liability for taxes withheld exceeds $5,000 but does not exceed […]

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