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Calif. Justices Told Tax Ballot Measure Revises Constitution

by usoftax_admin | Feb 16, 2024 | Tax News

A measure approved for California’s November ballot that would make it harder to raise taxes would eliminate lawmakers’ ability to tax and would revise the state constitution, the state Legislature told the California Supreme Court.

SC General Revenue Collections Through Jan. Down $453M

by usoftax_admin | Feb 16, 2024 | Tax News

South Carolina’s general revenue collections from July through January totaled $7.7 billion, down $453 million from the first seven months of the previous fiscal year, according to a report published by the state Board of Economic Advisors.

Mo. Concert Venue Must Collect Sales Tax On Groups’ Behalf

by usoftax_admin | Feb 16, 2024 | Tax News

A Missouri performance venue is responsible for collecting Missouri sales tax on ticket sales and should transfer it to musical groups that rent the facility and are contractually responsible for remitting the tax, the state Department of Revenue said in a letter...

Ariz. Senate OKs Prohibition On Local Blockchain Taxes

by usoftax_admin | Feb 16, 2024 | Tax News

Blockchain technology used in Arizona residences would be exempt from taxes and fees levied by cities and towns under legislation passed by the state Senate.

Mo. Tax Dept. Says Neurostimulators Not Exempt From Tax

by usoftax_admin | Feb 16, 2024 | Tax News

Sales of neurostimulators used to treat Parkinson’s disease don’t qualify for a prosthetic device sales tax exemption in Missouri, the state Department of Revenue said in a letter ruling.

Ill. General Revenue Through Jan. Up $168M From Estimates

by usoftax_admin | Feb 16, 2024 | Tax News

Illinois’ general revenue collection from July through January totaled $29.505 billion, an increase of $168 million from budget estimates, according to a report from the governor’s office.
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