Others include a $ 120 safety inspection fee for private for - profit car services and passenger carriers; a broader tax on e-cigarette and vaping products at the distributor level; a surcharge on opioid prescriptions; an incentive for vending machines to go cashless and an extension
of sales tax collections on online sales.
All of us in government know what the driving issue behind all this is; the towns gaining a fairer share
of sales tax collection.
This however has led to a lot of issues for other retailers who had to reframe the prices, work out the details
of sales tax collection and also handle other issues.
Not exact matches
The program is part
of the national Streamlined
Sales Tax Project, or SSTP, which is designed to simplify and modernize sales and use tax collection and administra
Sales Tax Project, or SSTP, which is designed to simplify and modernize sales and use tax collection and administrati
Tax Project, or SSTP, which is designed to simplify and modernize
sales and use tax collection and administra
sales and use
tax collection and administrati
tax collection and administration.
Doing so would require an exceedingly sophisticated approach to local
sales and use
tax collection that would allow these sellers to accurately capture all
of the
sales tax on every transaction in compliance with every state's respective
sales tax rate.
Amazon plans to use the year to seek a «simple, nationwide system
of state and local
sales tax collection.»
At the same time, the amount projected to be collected in
sales taxes has been revised upward by $ 10 million - a positive sign but is still largely flat in an annual
sales tax collection of $ 4.22 billion.
This federal bill, which has been revived several times, will pave the way for the
collection of sales tax on Internet sales, and will reverse the severe damage to small online businesses caused by «Affiliate Nexus Tax» la
tax on Internet
sales, and will reverse the severe damage to small online businesses caused by «Affiliate Nexus
Tax» la
Tax» laws.
It specifically imposes the
collection of taxes from consumers on
sales by online retailers - including but not limited to those referred by Illinois - based affiliates like you - even if those retailers have no physical presence in the state.
A proposal by Cuomo to expand
sales tax collections on online purchases is not expected to be part
of a state budget agreement, according to state Sen. Phil Boyle and other legislative officials.
The Proposed Budget also notes an increase in
sales tax collections, which are currently 2 % above 2017 budget expectations; in 2018, the Proposed Budget estimates
sales tax revenue growth
of 1.75 % over projected 2017
sales tax collections.
Rockland County government will be vastly increasing its
tax collection in 2012, as the Budget and Finance committee convened on Monday night to approve a 30 percent county property
tax increase, as well as a 1/4 percent increase in the county portion
of the
sales tax, and new
taxes on hotel / motel occupancy and real estate -LSB-...]
The financial foundation
of Oneida County continues to strengthen thanks to a steady and increasing stream
of revenue from the Oneida Nation's gaming earnings and
sales tax collection.
As we reported on the blog Monday evening, the Senate resolution includes a provision that would exempt the
collection of sales taxes on the
sale of a private aircraft while also «adjusting» the
tax for the purchase
of a recreational boat.
Cuomo also would increase state revenue by expanding the
collection of sales tax on more internet purchases.
To raise revenues, Cuomo proposed requiring extending
sales tax collections on online
sales, imposing a surcharge on certain health insurers who received a windfall from federal
tax cuts, tapping hundreds
of millions
of dollars in proceeds from lawsuit settlements and raising
taxes «e-cigarettes» and
taxing opioids (2 cents per milligram prescribed to go to anti-addiction programs).
Of the major
taxes,
sales tax collections are projected to be $ 350 million more than original estimates, individual income by $ 265 million, corporate income
taxes by $ 214 million and cigarette
taxes by $ 52 million.
For the rest
of the budget, on the upside, the mayor's office expects to see increased revenue from
sales tax, parking fees and property
tax collection — thanks to the land bank, the agency tasked with handling the cities massive list
of vacant properties.
The city, benefiting from an economy that boosted
sales and income
tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion
of bonds backed by that revenue to pay for capital projects.
The Cuomo administration's crackdown on
sales tax collection for Indian - sold cigarettes is backfiring, leading to a boost in
sales of Indian - made cigarettes, which — so far — are not
taxed.
As the economy continues its tenuous recovery,
sales tax collections could vary either way for local governments and is generally a more volatile source
of revenue.»
Here's Gov. David Paterson speaking today at the Saratoga Racetrack, where he was on hand for the Travers, about the impending start
of collection of sales taxes on cigarettes sold on Indian Land, which is slated to begin next week.
Increasing
sales tax collections (as denoted by counties shaded green) aren't necessarily a sign
of increasing economic activity.
Lembo says his office agrees with Malloy's budget office and the General Assembly's Office
of Fiscal Analysis that November's consensus figures show lower than expected state revenue
collections from
sales and income
taxes.
ALBANY — State
sales tax revenues took a dive in the second quarter
of the year, leading state Comptroller Thomas DiNapoli to warn Thursday that
collections could be the slowest...
ST. ARMAND An audit by the state Comptroller's Office has knocked the Town
of St. Armand for «significant deficiencies» within the town's accounting records across a wide swath
of municipal operations, including
sales tax collection and the monitoring
of capital projects.
Cortland County is above average when it comes to
sales tax collections for the first half
of the year
Rockland County government will be vastly increasing its
tax collection in 2012, as the Budget and Finance committee convened on Monday night to approve a 30 percent county property
tax increase, as well as a 1/4 percent increase in the county portion
of the
sales tax, and new
taxes on hotel / motel occupancy and real estate
sales.
The total
sales tax collections through the end
of June, the first half the calendar year, totaled $ 8 billion, up from $ 7.8 billion the same time last year.
Local
sales tax collections across New York State only grew 1.7 % in the first 6 months
of 2016, according to a report released today by State Comptroller Tom DiNapoli.
The New York State Association
of Counties, dismayed over a report by the State Comptroller that
sales tax collections have slowed to half
of what they were last year, are asking Governor Cuomo's
tax department for more information, says the group's Steven Aquario.
The New York State Association
of Counties, dismayed over a report by the state comptroller that
sales tax collections have slowed to half
of what they were last year, are asking Cuomo's
tax department for more information, says the group's Steven Aquario.
Suffolk was among the state's counties with a decline
of «between 35 percent and 40 percent» in «motor fuels
sales tax collections» during this period.
It added that «the decline in motor fuels
tax collections from the first half
of 2014 to the first half
of 2016, isolated from other factors, caused the overall decline in
sales tax collections.»
The report presents a somewhat pessimistic impression
of a county economy, showing growth in some areas like tourism, employment and real estate, but a decline in
sales -
tax collections.
For his comparisons between the first half
of this year and last year, Auerbach said he had secured data from the county clerk (on mortgage
taxes), the department
of finance (on
sales -
tax collections through June), the commissioner
of health, the federal department
of commerce and the state department
of labor.
Enhancement
of the
Sales Tax vendor
collection credit for quarterly and annual filers — $ 24 M in FY» 7 and $ 54 M in FY» 8;
While North Country
sales tax collection receipts are robust — the first half
of the year's growth
of 4.5 percent surpassed the statewide average
of 3.3 percent — the state's most recent monthly cash report revealed
tax revenues are $ 387 million below projections.
But property
taxes are lower,
sales tax collection is robust and there are a number
of promising economic development initiatives on the horizon.
Part
of the reason is that
sales tax collections are weaker than expected, down 3.7 percent in the first quarter
of 2015 compared to 2014.
Sales tax collections are projected to increase 1.5 percent to a total
of $ 262 million in 2016.
As for counties in other regions
of the state that experienced
sales -
tax collection decreases, Butry offers a general explanation.
This levels the playing field when it comes to the
collection and remittance
of sales tax, allowing independent stores to compete with online vendors like Amazon.
A windfall
of post-flood
sales tax money, as well increased property
tax collections, more than offset decline in state funding due to declining enrollment.
The online retailer has been following a 1992 US Supreme Court decision concerning the
collection of sales tax from customers if the retailer has a physical presence in that state, but in light
of the firestorm
of opportunity that swept the country when different states saw a veritable cash cow from the nation's largest online retailer, Amazon has had to get creative with different states.
For everyone that thinks that websites like Lendingbook and LendInk make tons
of money he said «Lendink is a California based company and as such, was cut off from earning money from
sales when Amazon and the State of California disagreed over the collection of State Sales
sales when Amazon and the State
of California disagreed over the
collection of State
SalesSales Tax.
The online retailer has been following a 1992 US Supreme Court decision concerning the
collection of sales tax from customers if the retailer has a physical presence in that state, but in light
of the firestorm
of... [Read more...]
Some states also require
collection of sales taxes on digital goods such as ebooks.
I'm told that the
sales tax collection is a by - product
of the agency pricing model.
In December 2006, MBIA completed the
sale of Capital Asset Holdings GP, Inc. and certain affiliated entities («Capital Asset»), a servicer
of delinquent
tax liens, to a third party company that is engaged in
tax lien servicing and
collection and that had been overseeing the servicing operations
of Capital Asset since July 2006.