Latest Sales Tax News

Maryland—Property Tax—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 in the City of Baltimore, except property exempt by law, for the period July 1, 2022 through June 30,…

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. The guidance conforms to recently enacted legislation that amended the definition of “digital product” to exclude certain products where the purchaser…

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. In Maryland, Title 4 of the Insurance Article provides that an insurance premium tax is imposed on unauthorized insurers in lieu of all other…

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…

Massachusetts excise tax attorney on sports operators Massachusetts—Cigarette, Alcohol & Miscellaneous Tax Rates—Sports wagering tax enacted. The law imposes an excise tax on sports operators in Massachusetts at the rate of: (1) 15% of the operator’s adjusted gross sports wagering receipts from the operation of in-person sports wagering; (2) 20%…

Massachusetts Sales Tax Audit and the Cannabis Industry Massachusetts enacts cannabis equity law. L. 2022, S3096, effective for tax years beginning 01/01/2022 , promotes equity in the cannabis industry by allowing a deduction for any amount paid or incurred during the taxable year in carrying on the trade or business…

Arkansas Sales taxes Initiation fees and membership dues for recreational facilities A sales tax assessment issued against the taxpayer for initiation fees and membership dues charged to customers for use of the taxpayer's recreational facilities, including access to hunting lands, was upheld. The membership dues and initiation fees qualified as…

New Mexico Sales Taxes—First New Mexico cannabis excise tax payments due May 25. The first cannabis excise tax filings and payments are due by May 25, 2022. The New Mexico Taxation and Revenue Department began accepting registrations for the new tax on April 1. Taxpayers must be licensed by the…

South Carolina Sales Use Taxes—Transportation tax guidelines. The South Carolina Department of Revenue (DOR) has issued guidelines to counties who are considering imposing, or are currently imposing, a transportation tax. The transportation tax is administered and collected by the DOR in the same manner that other sales and use taxes…