Sales Tax News (You Can Use) – Week of 3/14
Kelly Davis
The Sales Tax Guy ?? Resolving Sales Tax Issues for NetSuite Users ?? Professional Sales Consultant ?? Fortune 1000 Hunter ?? Complex Sales Environment ?? Partner Management
Welcome to this week’s edition of the Sales Tax Newsletter, where we highlight the latest developments in sales tax policies across the country. Here’s what’s making headlines:
?? Tucson, AZ: Voters Overwhelmingly Reject Sales Tax Increase By a 70-30% margin, Tucson voters rejected Proposition 414, which proposed a sales tax increase to fund city services and employee raises. Read more here.
?? Tennessee: Resolution Calls for National Sales Tax Overhaul Tennessee lawmakers have introduced a resolution supporting a national retail sales tax while eliminating income and other federal taxes. They say this has been a reason the state has been attracting and retaining so many businesses withing the state. Source article.
?? Baltimore, MD: Mayor Defends 2% Local Sales Tax Proposal Mayor Brandon Scott is standing by his proposal for a new 2% city sales tax, arguing it is necessary to fund essential services despite opposition and allow for the paving for a reduction in property taxes. Read more here.
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?? Arcata & Humboldt County, CA: New Sales Taxes Take Effect April 1 Two voter-approved sales tax measures—one for Arcata and one for Humboldt County—will go into effect next month, increasing local tax rates. Source article.
?? Tennessee: Lawmakers Push to Add Menstrual Products to Tax Holiday A new proposal aims to include menstrual products in Tennessee’s annual school sales tax holiday, expanding savings for consumers. Read more here.
?? Nebraska: Lawmakers Debate Pausing Income Tax Cuts to Balance Budget With a growing budget deficit, Nebraska legislators are considering delaying income tax reductions instead of shifting the burden to sales tax revenue. Source article.
Sales tax policies are evolving rapidly, and businesses need to stay compliant. If you’re looking for ways to automate your sales tax processes, let’s connect!