Effective October 1, 2018, all payments received for cloud computing services, including monthly and annual fees, will be subject to sales tax in Rhode Island. This change is a result of the recently engrossed House Bill 7200. Software as a Service (SaaS) is when a customer has access to a software application that is owned or operated by a vendor. Typically, these types of software solutions are only accessed over the internet and the content cannot be downloaded or transferred to the customer. In the software industry these types of models are often referred to as a form of cloud computing.
Learn more about the taxability of software as service by contact our state and local tax team.
An Arkansas non-profit entity wanted to take donated items and open up a store front in which to sell those items. The revenue generated from this store front was intended to support the non-profit’s rehabilitation center. The Arkansas Department of Finance and Administration Office determined that the revenues from the store front did not meet the definition of a charitable organization and that any and all sales from this location would be taxable.
To learn more, contact a member of our state and local tax team with questions about your sales tax compliance.
A recent decision from the U.S. Supreme Court will have an impact on many out-of-state sellers, including internet retailers. Join us for a special webinar on Thursday, August 2 to discuss what actions states might take next and what steps your business needs to be considering.
Get registered today!
With state and local tax rules constantly changing and a recent ruling from the Supreme Court that will impact out-of-state sellers, there is much to be discussed surrounding state and local tax within the state of Iowa. Join us in Des Moines as we host What’s Hot in State and Local Tax. This free seminar will take place July 17 at the Embassy Club West in West Des Moines. For more details and to register for this event, click here.
If you’re considering doing business or currently have employees in the state of North Dakota, join us for our upcoming North Dakota State Tax Update. Helpful insights into North Dakota tax filings will be shared during our July 17 webinar. Register today!
A new ruling from the U.S. Supreme Court will have an impact on out-of-state sellers including internet retailers. The decision rules in favor of South Dakota’s law requiring certain internet sellers with no physical presence in the state to collect South Dakota sales tax. For more information, read our full article here.
Professional athletes are known to travel all over the United States to participate in events and appear for sponsorship, etc. In 2013, a Texas professional golfer, played in one tournament held in Indiana for a few days. In 2017, Indiana claimed that this TX resident was required to pay Indiana state income tax. After a few battles in court, Indiana won the case. The lesson here is, Indiana is one of many states that will require professional athletes, or others with similar facts, to file income tax returns, regardless of the time spent in that state. And, without a tax return being filed, the statute for making a tax due claim, as was done by Indiana, does not close.
Do you have questions about your filing responsibilities? Contact a member of the Eide Bailly State and Local Tax team.