Maryland Sales And Use Taxes Maryland Tangible Personal Property And Services Subject To Tax
Overview The Maryland Comptroller’s Office has issued a list of tangible personal property and services the sale of which is subject to sales and use tax. Note: This is not a complete list but may serve as a general guide in determining the taxability of tangible personal property and services. The list is published as […]
Maryland Property Tax Business Personal Property Exemption
Overview of the Exemption Increase The Maryland State Department of Assessments and Taxation (SDAT) alerts taxpayers of the increase in the exemption from personal property assessment for all Maryland businesses from $2,500 to $20,000. This change comes as a result of recently enacted legislation, as reported in State Tax Update on May 19, 2022. Automatic […]
Maryland Property Tax Baltimore City Annual Property Tax.
Overview of Baltimore City Annual Property Tax Effective June 23, 2022, the City of Baltimore has enacted Ordinance No. 22-143, Council Bill No. 22-0236, which imposes an annual tax on all property within Baltimore City, except property exempt by law. This applies for the period July 1, 2022 through June 30, 2023. Tax Rates on […]
Maryland Issues Updated Guidance On Sales Of Digital Products And Digital Code
The Maryland Comptroller’s Office has issued updated guidance on the sales and use taxation of digital products and digital code. This guidance aligns with recently enacted legislation that amended the definition of “digital product” to exclude: Key Updates and Clarifications The update includes revisions and additional examples on the following topics: Advertising Clarification on the […]
Maryland Insurance Companies Taxes
Maryland Insurance Company Exemption The Maryland Court of Special Appeals has affirmed the Maryland Tax Court ruling that a Vermont-licensed insurance company is exempt from Maryland corporate income tax. Background In Maryland, Title 4 of the Insurance Article provides that an insurance premium tax is imposed on unauthorized insurers in lieu of all other state […]
Texas Sales Exemption Denied Export Packer That Failed To Provide Required Documentation
The Texas Comptroller of Public Accounts ruled that purchases of packing supplies…
Does McDonald’s Take EBT? Using An EBT SNAP Card At McDonald’s Or Burger King
Introduction to SNAP and EBT The Supplemental Nutrition Assistance Program (SNAP) provides benefits to low-income families through Electronic Benefits Transfer (EBT) cards, which can be used to purchase food items, including at some fast food restaurants. State welfare departments are responsible for administering SNAP and issuing EBT cards to eligible recipients. EBT cards function similarly […]
Washington DC Sales Tax Attorney
If you are undergoing a sales tax audit in Washington D.C., at the very least, you are just looking at a 6% sales tax without the worry of local and county additional rates. Our firm focuses on taxable versus non-taxable transactions. This helps the auditor understand your transactions to help determine what is or is […]
Massachusetts Excise Tax Attorney On Sports Operators
Overview of Massachusetts Sports Wagering Excise Tax Massachusetts Cigarette, Alcohol & Miscellaneous Tax Rates Sports wagering tax enacted. The law imposes an excise tax on sports operators in Massachusetts at the following rates: Excise Tax Rates Additional Key Details Summary The Massachusetts excise tax on sports wagering creates distinct rates for in-person, mobile, and fantasy […]
Massachusetts Sales Tax Audit Cannabis Industry
Introduction Massachusetts has enacted significant legislation affecting the cannabis industry, specifically regarding sales tax audits and tax treatment. These changes aim to promote fairness and support social equity within the state’s growing cannabis market. Cannabis Equity Law: Key Provisions Deduction Allowances Under IRC § 280E Massachusetts enacted cannabis equity legislation (L. 2022, S3096) effective for […]