Archive for June 2018
New Voluntary Disclosure Opportunities for Remote Businesses in the Wake of Wayfair
The Florida Department of Revenue has had a voluntary disclosure program for years. The program allows for a three year look-back period for which the taxpayer would pay any taxes owed with no penalty. Florida even offers a modified version for taxpayers who collected tax and failed to remit it. However, in these cases a…
Read MoreWhat Does Wayfair Mean for Retailers that Sell into Minnesota?
On June 21, 2018, the Supreme Court released an opinion that would change the online marketplace forever. In South Dakota v. WayfairSouth Dakota v Wayfair , SCOTUS overruled the longstanding physical presence requirement outlined in Quill Corp. v. North Dakota. For more of a background on these cases see our recent blog, Wayfair Puts Quill’s…
Read MoreWayfair Puts Quill’s Physical Presence Test for Sales and Use Tax Collection to Bed
The Supreme Court of the United States (“SCOTUS”) issued a ruling that significantly impacts online retailers and shoppers alike. Specifically, on June 21, 2018, the Supreme Court released its opinion in South Dakota v. Wayfair, that overruled 50 years of case law dealing with sales tax collection most recently addressed in Quill Corp. v. North…
Read MoreFDA Considering to Impose Additional Restrictions on Cigarette Manufacturers/Distributors
The Food and Drug Administration has recently announced that it is drafting potential regulations of nicotine levels in cigarettes. Obviously, this is not good news for the industry. This would cause serious problems for big tobacco and it will be interesting to watch if they will comply or try to fight back. Earlier this year,…
Read MoreCALIFORNIA TRIES TO BAN TOBACCO SALES
California is very progressive in its regulation of tobacco products. Earlier this year, the state raised the age of tobacco purchases to 21. Additionally, the state passed a law to ensure e-cigarettes are treated the same as traditional cigarettes, which means e-cigarettes are now being taxed the same as cigarettes. California also has a Senate…
Read MoreCALIFORNIA GOVERNOR SIGNS FIVE OUT OF SIX BILLS TO INCREASE REGULATION ON TOBACCO AND CIGARETTE PRODUCTS
A total of six bills were proposed in California, that were all related to regulation on cigarette and tobacco products. The Governor of California, Jerry Brown, signed off on five of the bills and vetoed one. The most controversial bill was the one that the Governor vetoed, AB-10. Under this bill, counties would have had the…
Read MoreBLUNT WRAPS / CIGAR WRAPPERS REFUNDS IN ILLINOIS
Despite the well-known and proven ideology that the legislature holds the power to declare taxability of particular items, the Florida Department of Business and Professional Regulation (“DBPR”) went above and beyond its own reach in attempting to broaden the taxability of tobacco products, specifically blunt wraps. In 2015, the DBPR unilaterally changed the taxing scheme…
Read MoreBLUNT WRAPS NOT TAXABLE IN MICHIGAN
Despite the well-known and proven ideology that the legislature holds the power to declare taxability of particular items, the Florida Department of Business and Professional Regulation (“DBPR”) went above and beyond its own reach in attempting to broaden the taxability of tobacco products, specifically blunt wraps. In 2015, the DBPR unilaterally changed the taxing scheme…
Read MoreGeorgia Additional High-Technology Exemption Created
Georgia has enacted a temporary sales and use tax exemption for high-technology data centers applying to transactions from July 1, 2018, until December 31, 2028. The bill for the exemption is found in House Bill 696. The exemption applies to the sales and leases of high-technology data center equipment that will be incorporated or used…
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