|
![]() |
|||||||||||||||||||||||
| A State & Local Tax Newsletter For Clients & Friends Of The Firm | Tuesday, Apr 29, 2008 | |||||||||||||||||||||||
|
|
||||||||||||||||||||||||
![]()
Click on a link below for more information and to register.
CPE Certified by NASBA |
Whiplash in Ohio On April 25, the Ohio Department of Taxation issued a press release about a recent bill signed by the Governor switching back to sourcing sales at the origin instead of destination. You may recall that Ohio switched to destination sourcing back in 2006 in an effort to become a full member of the Streamlined Sales Tax Project (SSTP). The SSTP is a multi-state effort to simplify and standardize sales tax rules across state lines. For years, the multistate group required states to move to destination sourcing in order to become full members. Ohio got on board and passed their law to change to destination sourcing. This caused a big problem for delivery sellers like furniture and appliance stores. Suddenly all of them had to put in systems to charge tax based on the tax rate of the delivery. Now, last summer, in response to concerns from small businesses (according to the press release), the Ohio General Assembly put the shift to destination sourcing of delivery sales on hold. Later, in December, the Governing Board of the Streamlined Sales Tax Project decided to allow "origin states" to become a full member of the organization starting in 2010 as long as at least four other "origin states" are also ready to become full members. So now, Ohio has moved back into the origin camp. Blog Post |
We Fix State Tax Problems... What Ails You?
|
||||||||||||||||||||||
|
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
Peisner
Johnson & Co, LLP www.PeisnerJohnson.com Toll-Free: (866) 923-4458 Local: (972) 923-4458 |
Legal Disclaimer: This newsletter is designed to provide general information. Applying laws and regulations may vary based on your specific facts or circumstances. Due to the ever-changing nature of law and regulations, there may be omissions, delays or inaccuracies in the information contained in this newsletter. Therefore, the information herein is not to be considered tax advice nor a substitute for consulting with professionals who are familiar with your particular factual situation. No client, advisory, fiduciary or professional relationship is implicated or established. Please contact a Peisner Johnson consultant to discuss the impact of this information on your particular situation. | |||||||||||||||||||||||
|
|
||||||||||||||||||||||||