Bobbleheads Exempt From Tax After Court Ruling
The Ohio Supreme Court ruled 5-2 that the Cincinnati Reds aren’t required to pay taxes on promotional items that they give to fans who attend their games.
State and local sales tax news — rates, exemptions, and the rules retailers and shoppers need to know.
The Ohio Supreme Court ruled 5-2 that the Cincinnati Reds aren’t required to pay taxes on promotional items that they give to fans who attend their games.
Looking for Cyber Monday deals? You’re not alone. Last year, 81 million shoppers spent a total of $6.59 billion on Cyber Monday. This year, Cyber Monday sales are expected to surge to $7.25 billion—with about one-third of those dollars coming from mobile sales. Even as shoppers snatch up sales, totals may be a little higher and receipts…
The Pennsylvania Supreme Court handed the City of Philadelphia a win today when it upheld a previous ruling that the tax on sweetened beverages is legal. Philadelphia Mayor Jim Kenney welcomed the news, saying in part: I am grateful to the Justices of the Pennsylvania Supreme Court for their fair and careful review of this…
As retailers pushed back, the question of what’s fair game became more important. Today, the Supreme Court offered an answer: States have broad authority to require online retailers to collect sales taxes.
Here is a quick peek at states offering taxpayers a sales tax holiday in 2018.
It’s National Doughnut Day. Here’s what you need to know about free doughnuts and sales tax.
Chicago raised eyebrows when the city announced a streaming tax on Netflix and similar internet services. The Liberty Justice Center filed a lawsuit challenging the tax on behalf of Chicago taxpayers. This week, a court ruled in favor of the city, upholding the tax.
Fans love bobbleheads and other “free” items – but are they really free? That’s the issue heading to the Ohio Supreme Court, as the Cincinnati Reds defends their resale exemption claim on promotional items.
Congress was back at it this week, trying to reach an agreement on spending. If there’s no bill in place by midnight Friday, we’ll see another government shutdown. In the middle of the battle, there may be a twist: the rush to regulate online sales tax.
Every state that imposes a state sales tax also imposes a state use tax. But chances are that online shoppers taking advantage of Cyber Monday sales from retailers who don’t collect a tax won’t be reporting and paying on their own.