The Missouri Department of Revenue ruled that a retail home improvement store’s delivery charges under two different scenarios are not subject to Missouri sales tax. Under the first scenario, the taxpayer’s customer purchases tangible personal property and chooses to have the taxpayer arrange for delivery. The taxpayer charges the customer on the same receipt for […]

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The Senate GOP, on July 13, released a revised version of a bill to repeal and replace the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148). The bill is similar in scope to the American Health Care Act (HR 1638) passed by the House on May 4, but does contain some changes to the […]

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Senate GOP leaders have deferred action on their revised health care bill, the Better Care Reconciliation Act (BCRA) (TAXDAY, 2017/07/14, C.1). At press time, the Congressional Budget Office (CBO) had not released an analysis of the bill. The revised BCRA would keep the net investment income (NII) tax and the additional Medicare tax in place. […]

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The Vermont Department of Taxes has issued a chart of fiscal year 2018 education property tax rates for homestead and nonresidential properties. The chart is available on the department’s website at http://tax.vermont.gov/document-categories/tax-rates-and-charts. FY 2018 Education Property Tax Rates, Vermont Department of Taxes, July 14, 2017

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The lump-sum price that a taxpayer charges for the engineering, procurement, and construction of a fiber-to-the-home network is subject to Tennessee sales and use tax. The issue of whether an item of tangible personal property becomes part of realty depends upon the application of the law of fixtures to the particular factual circumstances. Whether an […]

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For purposes of the conditional exemption from North Carolina sales and use tax for items purchased for use in farming operations by certain persons who do not meet the definition of a “qualifying farmer” but satisfy certain criteria, a person can apply for a one-year extension of their conditional exemption certificate beyond the original three-year […]

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