DMA Corporate Tax Blog
DMA's tax blog keeps you up-to-date on corporate taxes across the United States, Canada, and Europe; and focuses on several key areas of corporate taxation: property tax, sales/use & commodity tax, state income & franchise tax, tax technology, severance tax, value added tax, customs & duty, crown royalties, and unclaimed property.
Massachusetts 2021 Budget to Include Prepays
Per FY21 of the 2021 Massachusetts state budget, the sales tax collection will be modernized to include advanced remittance of tax collected. Businesses that remitted $150,000 in sales tax, room.
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Upcoming Sales Tax Holidays
Puerto Rico offers sales tax holidays in July and January on uniforms and school supplies. The next days for the sales tax holiday will occur on January 8 and 9. A list of applicable items can be.
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CRA Ramping Back Up
The Canada Revenue Agency shut down most of its operations on March 18, 2020 due to the COVID-19 pandemic. Only limited services, mostly related to paying out benefits or refunds to taxpayers,.
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Ohio Offers New Online Service
The Online Notice Response Service was released in September and will allow for taxpayers or tax practitioners to respond to notices issued by the Department of Taxation electronically. The service.
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Nevada to Impose Amnesty Program
Per Section 10 of SB 3, signed by the Governor on July 20, 2020, the Nevada Department of Taxation is required to establish an amnesty program in which penalty and interest will be waived provided.
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Texas Extends Filing Deadline Due to Hurricanes Hanna and Laura
Following the disaster declaration from Governor Abbott, the Texas Comptroller's Office has allowed extensions for sales tax filings in counties affected by Hurricanes Hanna and Laura in 30-day.
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Washington: Online Service Portal Update
The Washington Department of Revenue has updated MyDOR with new features to help simplify user experience. Changes include:
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Upcoming Sales Tax Holidays
Summer has just begun, but school openings are just around the corner. Below is a listing of upcoming sales tax holidays compiled by the Federation of Tax Administrators.
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Ohio Amnesty Bill in Committee
HB 609 will require the establishment of a tax amnesty program in 2021. If passed, the amnesty program will span from January 1, 2021 through March 31, 2021. All past due remittances must be filed.
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Two Louisiana Bills May Allow for Easier Remittance
Both pending in Ways and Means, HB 428 and HB 429 would allow for single remittances to the state instead of the parish jurisdictions. HB 428, if passed, would remove the authority of the parishes to.
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