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NY Marina Owes Sales Tax On Floating Docks Purchases

by usoftax_admin | Sep 24, 2024 | Tax News

A New York marina owes sales tax on its purchases of floating docks because the docks do not qualify as the installation of a capital improvement, the state Department of Taxation and Finance said in a ruling released Tuesday.

Abbott Seeks $24M Refund Over Transfer Pricing Adjustments

by usoftax_admin | Sep 24, 2024 | Tax News

Healthcare products giant Abbott Laboratories is owed $24.3 million for overpaid taxes after the IRS incorrectly adjusted its intragroup income and payments this year, the company told the U.S. Tax Court in a petition.

Propane Sales To NY Home Not Taxed, Tax Dept. Says

by usoftax_admin | Sep 24, 2024 | Tax News

A New York homeowner who orders propane to heat a detached garage isn’t required to pay state sales tax on the transaction, the state Department of Taxation and Finance said in an opinion released Tuesday.

Calif. Authorizes Sending Sales Tax Notices Electronically

by usoftax_admin | Sep 24, 2024 | Tax News

California authorized the state Department of Tax and Fee Administration to send electronic notices for sales and use tax assessments and determinations regarding various other taxes and fees as part of a bill signed by Gov. Gavin Newsom.

NY Energy Tax Break Available For Apt. Buildings, Dept. Says

by usoftax_admin | Sep 24, 2024 | Tax News

Gas and electricity used in a landlord’s New York state apartment buildings, including common areas, are eligible for a sales tax exemption for residential energy sales, the state tax department said in an opinion released Tuesday.

NY Dept. Says Online Directory Services Not Taxed

by usoftax_admin | Sep 24, 2024 | Tax News

New York’s sales tax isn’t levied on a business that maintains an online directory listing people who represent claimants seeking disability benefits, the state Department of Taxation and Finance said in an opinion released Tuesday.
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