Category Archives: State Tax Headlines

New State Tax Information

Minnesota~Multiple Taxes: Legislature Reaches Budget Agreement, Adopts Omnibus Tax Bill Conference Committee Report

The Minnesota House of Representatives and the Senate have reached an agreement on the state budget and adopted a conference committee report of the omnibus tax bill that includes the following: — a new fourth-tier personal income tax bracket applies … Continue reading

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Maine~Sales and Use Tax: House Passes Affiliate Nexus and Click-Through Nexus Provisions

H.P. 251 has passed the Maine House of Representatives and would, if enacted, amend existing nexus rules and add affiliate nexus and click-through nexus provisions to the sales and use tax laws. Introduction of the legislation was reported previously. (TAXDAY, … Continue reading

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Florida~Corporate Income, Sales and Use Taxes: Omnibus Economic Development Bill Creates Tax Holiday, Exemptions and Makes Changes to Credits

Florida Gov. Rick Scott has signed an omnibus economic development bill that creates a 3-day sales tax holiday, makes several sales and use tax changes and makes amendments to various corporate income tax credits. Sales and Use Tax Changes The … Continue reading

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Alaska~Multiple Taxes: Oil Tax Reform Legislation Enacted

Legislation signed by Alaska Gov. Sean Parnell May 21 has an overall effect of reducing oil and gas production taxes by eliminating the progressive portion of the tax and establishing a rate of 35% of production tax value, effective January … Continue reading

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Virginia ~ Property Tax: Attorney General Resolves Issue Regarding Application of Payments of Delinquent Taxes

In regard to the application of payments of delinquent local real estate taxes when a locality has established special tax districts and/or community development authorities, and the taxes accrue at the same time as general real estate taxes, the Virginia … Continue reading

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