For instance, Alex Muresianu of the Tax Foundation wrote about Trump’s plan to exempt tips. Here are some excerpts. According to a Pew Research survey from 2023, 72 percent of Americans have seen an expansion of tipping expectations over the past five years. While some Americans are certain...
Louisiana Agency Balks at Grocery Facility Tax-Exempt Option.The article reports on the State Bond Commission's refusal to approve the tax-exempt option for the 75 million U.S. dollar bonds intended for Saint Tammany Parish's grocery distribution facility in Dallas, Texas.Watts...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last four years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summ...
Both the Philippines and Israel are exploring the possibility of implementing new laws targeting remote sellers of digital services. In the US, states’ existing sales tax laws are being changed, which could impact interstate commerce. Both South Dakota[4]and Louisiana[5]have dropped their 200 tra...
Withholding changes for LouisianaThe flat tax rate for all filing status 3.09 from 1.85 Special Type rates & Dependent Exemption for all filing status removed Standard Deduction for EXEMPT $0.00 Standard Deduction for SM1 $12,500 Standard Deduction for M2 $25,000...
In 2023, both Louisiana and South Dakota removed the 200 transactions requirement from the economic nexus threshold, streamlining compliance requirements for small sellers. This is following the lead of a few states that removed the transaction requirement in 2022. In addition, states might begin to...
Third, some people make a compelling argument that it’s not fair to exempt non-doms from tax on the income they earn in other countries when regular citizens are subject to such extraterritorial taxes. But the way to make things equal is by getting rid of worldwide taxation for everyone ...
1. During the sales tax holiday, non-business sales at retail of single items of tangible personal property costing $2,500 or less are exempt from sales and use taxes, subject to certain exclusions. Visit theMassachusetts DOR’s web pagefor more information. ...
LouisianaTax Free Weekend When is Louisiana Tax-Free Weekend? Sept. 6 to Sept. 8, 2024 What Items Are Tax Free:Specified ammunition, firearms and hunting supplies. What Items Are Not Tax Free:Items that fall outside of the cateogry listed above. Note this tax-free weekend only applies to...
U.S. and OECD consumption tax rates also differ significantly. Among the 46 U.S. states that impose sales taxes, Louisiana had the highest combined state and local rate for 2023 at 9.55%, while Alaska’s was the lowest at 1.76%.21 ...