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What's new in state sales and use taxes

TaxConnex

There may still be changes to Mississippi’s sales tax on software, as the Governor?has has greenlighted studying the state’s taxation of remote and internet-based computer software products and services. Ohio revised its sales and use tax rule to add certain exempt construction contractor purchases.

Sales 178
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Can The Senate Finance Committee Save U.S. Research And Innovation?

Withum

Due to the new requirement to defer research expenditures in the 2022 taxable year, the company has ceased to invest in a new Ohio manufacturing plant worth $400 million and has significantly decreased its $200 million annual research spending. and other innovative countries. manufacturing and production of the desired chemical.

Finance 59
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What’s new in sales tax?

TaxConnex

WalletHub has a new survey of states’ tax burdens. WalletHub compared the 50 states across the three tax types of state tax burdens — property taxes, individual income taxes and sales and excise taxes — as a share of total personal income in each state. Heaviest and lightest.

Sales 130