As of September 1, 2004, the state sales and use tax rate on sales of non-food items and vending machine sales will increase. Sales of food for home consumption will retain its current state tax rate. This rate will continue…
Virginia increases changes sales tax rates.
The Virginia Assembly recently passed House Bill 5018, imposing several changes to Virginia tax law, including specific changes to sales and use tax rates. Effective August 1, 2004, the general Virginia sales and use tax and contractor’s use tax rates…
California increases state rate and partial exemptions; locals lowered.
As of July 1, 2004, the state sales and use tax rate increases from 6% to 6.25%. However, as part of this approved rate increase, voters also approved a decrease in the local tax rates, therefore leaving the unchanged combined…
Kansas makes sales tax rate permanent.
The Kansas 5.3% retailers\’ sales tax and compensating use tax will not be reduced as prior legislation had intended.
California rate changes.
Recently passed laws in California will affect several types of taxes, one in particular being the sales and use tax rate. Components of the statewide 7.25% sales and use tax rate change will change, effective July 1, 2004. Among these…
Ohio temporarily increases state tax rate.
An Ohio budget bill has temporarily increased the state sales tax rate from 5% to 6% beginning July 1, 2003 and ending July 1, 2005. Some services have also been added to the list of taxable services, including telecommunication services…
New York City tax increase.
Introductory Bill No. 491-A was signed on June 4, 2003, by New York City Mayor Michael R. Bloomberg. This bill, effective July 4, 2003, until May 31, 2005, increases the sales and use tax rate from 4% to 4.125%. Local…
New York State increases tax rate.
Effective June 1, 2003 New York state Sales & Use Tax rate will increase to 4.25%. (NY Important Notice N-03-13, effective June 1, 2003)
Idaho temporarily increases tax rate.
The state of Idaho has temporarily increased the sales and use tax rate from 5% to 6%.
North Carolina tax increase.
Legislation has been passed by the North Carolina General Assembly authorizing all counties to levy an additional .5 % local option sales and use tax beginning on December 1, 2002. Most counties had adopted the levy by December 1, 2002,…
Louisiana rate reduction.
The state sales tax rate on food for home consumption, electricity, natural gas and water sold for residential use will be reduced from 3.9% to 2% and will be eliminated.
Arkansas rate increase proposed.
In the Governor’s State of the State Address on January 14, 2003, he included a proposal for an increase in sales and use tax from 5.125% to 5.75%. In response to the $474 million in revenue required to avoid budget…
Iowa proposed rate change
Iowa has introduced legislation proposing a sales tax rate increase from the current 5% to 6%.
Kansas rate change.
Effective July 1, 2004, the state retailers\’ sales tax and compensating use tax rate will decrease from 5.3% to 5.2%.
Nebraska rate change.
A temporary rate change has been established in the state of Nebraska. Effective October 1, 2002 the state sales and use tax rate has increased to 5.5%, up from 5.0%. The original rate of 5.0% will be reinstated on October…
Indiana rate change.
The state tax rate in Indiana will increase from 5.00% to 6.00% effective December 1, 2002.
South Dakota revises rates.
Effective January 1, 2006, the sales and use tax rate on the sale, resale, or lease of farm machinery and irrigation equipment increases from 3% to 4%. (H.B. 1001)
Tennessee rate change.
Tennessee has recently been in some serious budget trouble. Consequently, the Tennessee legislature proposed a special session meeting. As a result, effective July 15, 2002, the state Sales and Use tax rate is increasing from 6% to 7%. The new…
Louisiana food and utilities rate change.
The sales tax rate for food used for home consumption, electricity, water utility services, and steam has been lowered from 4% to 3.9%.