In conjunction with the implementation of remote seller collection and notice/reporting rules, Vermont has modified the rules related to use tax accrual for individuals. Effective retroactively to January 1, 2017, and applicable to returns filed for tax year 2017 and after, Vermont’s provision requiring reporting of use tax on individual income tax returns is amended to state that taxpayers are not required to pay more than $500 for such use tax liability arising from total purchases of items with a purchase price of $1,000 or less. Additionally, the amount of use tax that a taxpayer may elect to report is 0.10% of their adjusted gross income (previously 0.20% of their Vermont adjusted gross income). The percentage amount is no longer to be indexed annually. (H.B. 516, Laws 2017)