In July 2024, a settlement was reached in Chicken Soup for the Soul Publishing LLC’s appeal of a $143,000 Ohio commercial activity tax (CAT) assessment, and the Ohio Board of Tax Appeals issued an order remanding the dispute to the Ohio Department of Taxation.
San Francisco Voters Approved Proposition M, Local Small Business Tax Cut Ordinance
Voters in San Francisco approved Proposition M (measure), causing significant changes to San Francisco Gross Receipts Taxes (Gross Receipts).
Gross Receipts Taxes 101
Here is the 101 knowledge that you need to know to get you acquainted with gross receipts taxes…
New Mexico To Introduce Deductions for Healthcare, Electricity, and More Effective July 1, 2024
New Mexico has enacted legislation to provide new deductions from the state\’s Gross Receipts Tax for various industries, with most coming into effect July 1, 2024, and remaining in effect until July 1, 2034.
New Mexico Provides Gross Receipts Regulations for Digital Advertising
The New Mexico Department of Revenue has recently clarified rules regarding the application of the gross receipts tax to digital advertising services on websites accessible within the state.
Washington State Grants Tax Exemption to Publishing Industry Leaders
Starting January 1, 2024 certain businesses in Washington state engaged mainly in printing or publishing newspapers or eligible digital content will be exempt from the business and occupation (B&O) tax.
Washington Affirms Business & Occupation Tax Assessment Based On Business Activities of Out of State Taxpayer
Washington state appellate panel affirmed the Board of Tax Appeals’ final decision granting summary judgment finding in favor of the Washington Department of Revenue (DOR) for a Business and Occupation (B&O) tax assessment.