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Taxing Times in Texas Call for Sales Tax Holiday – 2022 Emergency Preparation Supplies Sales Tax Holiday
Preparedness is crucial when it comes to natural disasters such as hurricanes, flash floods, and wildfires. To help Texans prepare for such sudden events, a sales tax holiday for emergency preparation supplies will begin on Saturday, April 23, and end on Monday April 25, 2022. The Texas Comptroller of Public Accountants has reminded taxpayers that eligible products include: “(1) household batteries, fuel containers, and flashlights priced at less than $75; (2) hurricane shutters and emergency ladders priced at less than $300; and (3) portable generators priced at less than $3,000.” A reminder has also been issued for products that do not qualify for the tax exemption. These excluded products are, “medical masks and face masks; cleaning supplies (e.g., disinfectants and bleach wipes); gloves (e.g., leather, fabric, latex, and types used in healthcare); toilet paper; batteries for automobiles, boats, and other motorized vehicles; camping stoves and camping supplies; chainsaws; plywood; extension ladders and stepladders; and tents. Several over-thecounter self-care items, such as antibacterial hand sanitizer, soap, spray, and wipes, are always exempt from sales tax if they are labeled with a ‘Drug Facts’ panel in accordance with federal Food and Drug Administration (FDA) regulations.”
For more details, the publication can be found here:
https://comptroller.texas.gov/about/media-center/news/20220414-sales-tax-holidayfor-emergency-supplies-april-23-25-1649789593834
Going Once, Going Twice, Sold! – Texas Auctioneers Sales Tax Responsibility
The Tennessee Department of Revenue has clarified that licensed auctioneers are not marketplace facilitators for sales and use tax purposes. However, under administrative code, there are certain circumstances where auctioneers are still responsible for collecting and remitting sales tax. When tangible personal property is sold on behalf of an undisclosed or unknown person, the auctioneer is responsible for collecting sales tax. An example of this would be if an auctioneer is selling a boat without the customer knowing who actually owns the boat, then the auctioneer would be responsible for collecting sales tax. An auctioneer is not responsible for the collection of sales tax when tangible personal property is sold on behalf of a disclosed or known person.
A Sigh of Relief – Illinois Implements Amendments to Tax Act
Illinois governor J.B. Pritzker approved SB0157 on April 19th, 2022. The bill provides sweeping changes to state taxes over the next few years. Regarding sales tax, the bill suspends tax on unprepared food items for one year, enacts a sales tax holiday for back-to-school shopping, and creates a new exemption for breast pump kits. On the transportation side of things, the bill suspends the inflation adjustment for motor fuel taxes until the beginning of 2023 and expands incentives for the electric vehicle battery industry. Finally, the bill enacts the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act, which creates a variety of tax incentives for semiconductor and microchip producers. The 900-page bill provides a number of other changes that are sure to assist Illinois citizens struggling with rapidly rising prices.
Alabama Amends Rule on Sales of Signage
Effective April 14th 2022, the Alabama DOR had amended Rule 810-6-1-.112, Signs. The revised rule states that signs are subject to tax on the full sales price when the signs are standard, prefabricated by the seller or his supplier, and delivered as a complete unit. However, when the signs are custom built into a building or otherwise affixed to real property, they come within the building materials provision. This means that the tax will be due from the person who erects the sign to his supplier on the cost of materials being used to construct the sign. In this case, no tax would be due from the person installing the sign on his service to attach the materials to the building or real property.
Going Green Can Save You Gold – California Green Manufacturing Sales & Use Tax Exemption
Effective April 7, 2022, The California Alternative Energy and Advanced Transportation Financing Authority has made the Sales and Use Tax Exclusion Program permanent. This program is available for, “qualifying manufacturers and recyclers for projects and products that create California-based manufacturing jobs or advanced manufacturing processes or reduce greenhouse gases, air and water pollution, or energy consumption.” Qualifying manufacturers and recyclers will not be assessed sales and use tax for purchases directly related to the job producing or environmentally friendly production process.
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