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Exactor
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You do Sales. We do Sales Tax.
You do Sales. We do Sales Tax.

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ENews! Timnath asks for sales tax bump, fueled by Costco and Walmart shoppers. Timnath will try again to raise its sales tax to help pay for $84 million in infrastructure improvements, including widening Harmony Road and for parks, trails and a new town hall.

If passed during the Nov. 7 election, the town's sales tax will go from 3 percent to 4.3 percent and the sales tax on food purchased for home consumption from 2.25 percent to 3.45 percent.

That means the local sales tax on $100 spent at Costco would go from $3 to $4.30. The increases are expected to raise $3.9 million a year, according to Mayor Jill Grossman-Belisle.

http://noconow.co/2hZzC8v
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ENews! Featured story from Exactor’s October US monthly update! Recently, the Pennsylvania Dept. of Rev. added a bit of uncertainty surrounding its tax treatment of info retrieval services w/ the pub. of SUT-17-002. Info retrieval services incl. situations where a vendor maintains a database where a purchaser can search and consume information. Under current Pennsylvania law, info. retrieval services are exempt from sales & use tax. In SUT-17-002, a purchaser was utilizing a vendor’s database to search for statutes, court decisions, and other source material. The Dept of Rev. concluded that...Read More: http://bit.ly/2zMcq5M #FreebieFriday #SalesTax
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ENews! A proposal Would Raise Sales Tax to Fund Zoo. Propositions 202 and 203 would increase the City of Tucson sales tax by one-tenth of a cent for 10 years to help fund the Reid Park Zoo.

The money would help pay for improvements like a new sewer line and the master plan. “That has things like tigers crossing overhead trails, that gives our animals more space,” said Nancy Kluge, Tucson Zoological Society.

The proposed tax increase is expected to raise $8-10 million a year for a decade. After 10 years, the tax would sunset. The Pima County Republican Party is leading the opposition to all of the proposed sales tax increases on the November ballot. http://bit.ly/2zI3zSF
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ENews! Texas cities, counties, transit systems and special-purpose taxing districts will receive $660.4 million in sales tax allocations in October, according to a news release from Texas Comptroller Glenn Hegar.

Killeen is expected to receive $1.76 million in sales tax revenue, a 0.99 percent increase from October 2016’s allocation, the release stated.

Statewide, the total allocations represent a 1.6 percent increase from the allocations distributed in October 2016, with counties receiving the biggest increase of 8.7 percent from last year.
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Intuit to Acquire Sales Tax Compliance Software Maker Exactor: http://bit.ly/2lmPAP9
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ENews! How new marketplace trends in sales and use tax impact your small business. States are becoming more aggressive in their efforts to require out-of-state sellers to collect sales tax. Companies wishing to expand their market presence in other states are becoming increasingly concerned about the added burdens associated with remote collection and reporting. This article discusses ways to think about, plan for, and successfully manage these burdens. http://bit.ly/2hZxUnL
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ENews! Amazon sellers, a big tax bill is looming. During a March trade show, Richard Cram of the Multistate Tax Commission (MTC) had some unwelcome news for a group of sellers who use Amazon's (AMZN) e-commerce platform. Cram informed the sellers that they could potentially owe tens of thousands of dollars in back sales taxes to states where they had done little business. That news made some people.... Read More: http://cbsn.ws/2hZCFh4
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ENews! Normal considers tax rebate for retailer to fill ex-Dick's space
Town officials expect a new national retailer to use the former Dick's Sporting Goods space — but only after they approve a sales tax rebate.

The Normal City Council will consider forgoing up to $800,000 in future sales tax from stores at two connected shopping centers including Bed, Bath and Beyond, Fresh Market and Petco in exchange for more than $4 million in private spending to improve those centers.
http://bit.ly/2zLamuX
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