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Post-Debby tax relief expands to all Vermont

Accounting Today

Everyone in the state who was affected by the storm now has until Feb. 3 to file and pay.

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States hit ‘Delete’ on some sales tax measures | TaxConnex

TaxConnex

Vermont lawmakers have overridden a gubernatorial veto and passed legislation to repeal, as of July 1 this year, the state’s sales and use tax exemption for remotely accessed prewritten computer software, aka cloud software or Software as a Service (SaaS). 1, 2024, and before July 1, 2025.

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State Sales and Use Tax Update

TaxConnex

In Vermont , three letters can mean a lot. Retailers must now register to collect Vermont sales tax if they reached the $100,000 sales or 200 transactions “during the 12-month period preceding the monthly period with respect to which that person’s liability for tax under this chapter is determined.”.

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Clothing taxation – and major exemptions

TaxConnex

States that do exempt clothing, such as Vermont and Pennsylvania (except for fur items in the latter), exempt a lot. Worn by humans Almost all states with a statewide sales tax treat sales tax on clothing differently, and a few states dont levy a statewide sales tax it at all (including, of course, the NOMAD states).

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Vitamins, supplements and sales tax – the latest

TaxConnex

Mississippi exempts vitamins and supplements purchased with food stamps; Vermont does so for purchases through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).

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Sales Tax and Vitamins/Dietary Supplements

TaxConnex

The products are tax-exempt (more or less) in the District of Columbia, Florida, Maryland, Michigan, New Jersey, New York, Texas, Vermont, West Virginia and Wyoming. Most states have no special rules for supplements and vitamins.

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Vermont Sales Tax Laws: Pre-Written Software Sellers with Nexus Must Collect and Report Sales Tax

Cherry Bekaert

On June 17, 2024, the Vermont legislature made a significant change by enacting legislation ( Vt. 887, Vermont only imposed sales and use tax on tangible personal property and a few specific services. Prior to the enactment of Vt.

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