Recent Sales Tax Talking Points
Posted by salestax on September 1, 2009
There are a few blips that I’ve found intriguing over the last week, and felt warrant some blog-space, but none of which I care to comment on too much:
***MA – Representative who voted for the increase in alcohol sales tax found jumping the border to NH to buy tax free alcohol, LOL!!! I’m not reporting that this is true – this guy seems to claim so, but it sure is funny! Well it’s true… the Boston Herald reporting today: the representative admitted buying alcohol while on a mini-vacation w/his spouse.
***95% of companies surveyed underestimate their sales tax nexus. Alternatively, see what Sabrix says directly: I’ve found this trend to be fairly true in my experience. Especially with smaller businesses that do not have sales tax experts on staff. And, I hate to say it publicly, but the typical business CPA does not know sales tax like they know Income Tax. The Nexus rules are different.
***IOWA – No Sales Tax to AOL Internet Service Customers. Can you imagine a legal case for sales taxes from transactions 14 years old? I’m glad there was a logical Court review of this. IA way overstepped its bounds. Thankfully, AOL stood its ground.
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