Sales Tax

Topics

April 1, 2012

The Evolution of Sales Tax Nexus Expansion Laws

Over the past three years, several states have expanded the activities that create sales tax nexus for out-of-state retailers without a physical presence in the state.

February 1, 2012

Different States’ Approaches on Sales Tax Treatment of “Deal of the Day” Instruments

Guidance on the sales tax treatment of prepaid discount vouchers or “deal of the day” certificates purchased on internet sites has been provided by several states recently, with more likely to follow soon.

November 1, 2011

Software and California Sales and Use Tax

This item addresses the sales and use tax implications of canned software (prewritten programs) under two recent California cases in light of that state’s current statutory scheme.

May 19, 2011

AICPA Speaks Out Against Proposed Model Sales and Use Tax Statute

The AICPA testified at a hearing May 18 to voice its opposition to a model statute drafted by the Multistate Tax Commission (MTC) that would authorize states to require nonresident companies to report sales transactions with in-state consumers in an effort to increase use tax compliance.

April 1, 2010

Current Corporate Income Tax Developments (Part II)

During 2009, numerous state statutes were added, deleted, or modified; court cases were decided; regulations were proposed, issued, and modified; and bulletins and rulings were issued, released, and withdrawn. This article covers some of the more important developments in apportionment, unitary groups/filing methods, administration, flowthrough entities, and other significant corporate state tax issues.

March 1, 2010

Current Corporate Income Tax Developments (Part I)

During 2009, there were many changes in the area of state corporate income taxation. This article focuses on some of the more interesting items in the areas of nexus, tax base, allocable/apportionable income, and Sec. 338(h)(10) transactions.

May 1, 2009

Sales Tax Collection by Online Vendors

Amazon.com, a retail online vendor, recently suffered a setback in a New York court, where it was contesting a newly enacted New York statute requiring online vendors with no direct physical presence in New York to collect sales tax on goods sold into the state.

December 1, 2008

Recent Trends and Developments in Sales and Use Taxation

Business taxpayers can expect their indirect tax expenses, from both tax outlay and cost of compliance standpoints, to increase over the next year as the state fiscal environment remains bleak.

September 1, 2008

Comparing the Value-Added Tax to the Retail Sales Tax

Editor: Scott Salmon, CPA, M. Acc. Over the past few decades, the value-added tax (VAT) has become the fastest-growing indirect tax globally (see Schenk and Oldman, Value Added Tax: A Comparative Approach 1 (Cambridge University Press 2007)). With the exception of the United States, most countries’ fiscal authorities rely far

March 1, 2008

Current Corporate Income Tax Developments (Part I)

This article focuses on some of the more interesting items in the following corporate income tax areas: nexus; Sec. 338(h)(10) transactions; allocable/apportionable income; and tax base.

April 1, 2007

Acquiring Property? Remember Sales Tax Due Diligence

Co-Editors: Michael Metz, CPA; Nick Gruidl, CPA, MBT As the mergers and acquisitions market continues to heat up, so should the scrutiny of sales tax in the due diligence review. Unlike income tax, sales tax is transaction-based and applies to sales, regardless of whether the company is in a profit