Airbnb filed an appeal challenging Boulder, Colorado’s Municipal Court's decision to include its service fee in the city's Short-Term Rental Tax base. Additionally, Airbnb questioned the court's decision denying its penalties and interest abatement.
Read MoreEffective January 1, 2024, Illinois enacted a new exemption for purchases of tangible personal property made by active-duty members of the United States armed forces when the federal government is the payor. This exemption applies to the Retailers’ Occupation Tax Act, the Service Occupation Tax Act, the Use Tax Act, and the Service Use Tax Act. Of note, the exemption does not include personal purchases made by active-duty service members.
Read MoreUnderstanding tax compliance procedures can be a complicated and time consuming process, especially when it comes to refunds and prepayment rates. The Michigan Department of Treasury (Department) has issued a Revenue Administrative Bulletin (RAB) to explain the procedures for claiming sales or use tax refunds, as well as to provide sales tax prepayment rates for gasoline and diesel fuel effective January 2024.
Read MoreFlorida Governor Ron DeSantis announced his budget proposal for the 2024-2025 fiscal year, “Focus of Florida’s Future”. The proposed budget recommends more than $1B in tax relief for both taxpayers and businesses.
Read MoreNumerous states offer tax credit and incentive programs in an attempt to lure out-of-state businesses interested in expanding or relocating operations to their state. One such state, Pennsylvania, offers several tax incentives and job credits that are designed to support and encourage business growth, job creation, and investment in the manufacturing industry.
Read MoreIn concluding Pennsylvania’s regulations authorizing participation in the Regional Greenhouse Gas Initiative (RGGI) proposed by former PA Governor Tom Wolf’s administration were invalid and unenforceable, the Pennsylvania Commonwealth Court determined the regulations were unconstitutional as they “infringe[d] upon the General Assembly’s exclusive authority to levy (or not levy) taxes.”
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