• Home
  • Contact
  • About us
BEST OFFER JOBS
  • Home
  • About us
  • Employers
    • Seeking Talents
    • Inquiry
  • Job Seekers
    • Submit resume/CV
    • Apply for a Job
    • Other Inquiry
  • Recruiters
    • Join us
    • Other Inquiry
      • How to Start
      • How to learn
      • How to Earn
        • Extra Earning
        • Commission
        • Partnering
        • Referral
  • Privacy
  • Featured
  • Contact

  • Home
  • About
  • Employers
  • Job Seekers
  • Recruiters
  • Privacy
  • Featured
  • Contact
Latest Jobs
View All

United States of America Taxation Updates 2010

The United States does not impose a national-level sales or value-added tax. Rather, sales taxes, and complementary use taxes, are imposed and administered at the state (sub-national) and local (sub-state) levels. Sales and use taxes are not applied uniformly. Nevertheless, in recent years, a number of trends have begun to develop as state and local governments face increased budgetary pressures.

Most notably the following:

1. In 2008 and 2009, New York, North Carolina, and Rhode Island each adopted laws that require non-resident online retailers to collect tax on sales to in-state customers if the retailer contracts with a New York resident to refer potential customers, via a link on an Internet website or by other means, to the seller. Similar measures were considered, but did not take effect, in California, Connecticut, Hawaii, Illinois, Maryland, Minnesota, Tennessee, and Wisconsin. Taxpayers should expect to see more states attempt to expand their sales and use tax jurisdiction over remote sellers in 2010.

2. Several states increased their sales and use tax rates in 2009, including California (7.25% to 8.25%), Massachusetts (5% to 6.25%), and Minnesota (6.5% to 6.875%). In 2010, more states can be expected to increase their rates as a quick means of raising revenue.

3. Several states, including California, Florida, and Michigan, expanded or considered expanding their sales and use tax base to cover a broad range of transactions, including the transmission and distribution of electricity (Maine), digital goods and services (Kentucky, North Carolina, and Washington), and most professional and personal services (Michigan). In 2010, more states are expected to extend their sales and use tax bases to transactions that historically have been excluded from the tax.

4. At least seven states, including Illinois, Michigan, and Pennsylvania, are planning or considering sales and use tax amnesties for 2010. Under a typical state tax amnesty program, taxpayers that owe past taxes are allowed to register and satisfy their outstanding liabilities with reduced penalty and/or interest rates.


Subscribe our RSS feeds to know new updates of Global Taxation Updates
Email ThisBlogThis!Share to TwitterShare to Facebook
Labels: Taxation, United States of America
Share This Post :
Tags : Taxation , United States of America
Makisig Bayani

Search jobs

Popular Jobs

  • Hyundai Heavy Industries wins $3.2 Billion USD Power Plant in Jeddah
    Saudi Electricity Company has awarded contracts for South Korea's Hyundai and Japan's Mitsubishi to build and supply equipment ...
  • Hyundai Engineering with HDEC signed $3 Billion USD - Venezuela refinery project
    Wison Engineering Ltd together with Hyundai Engineering & Construction Co Ltd has won a $2.993 billion contract to upgrade a state-run...
  • Hyundai Motor workers disciplined for online Activities at work
    An internal audit by Hyundai Motor Co. revealed that 97 workers have accessed Internet gambling sites at work, leading the company to disc...
  • Hyundai Engineering's Oman Musandam Gas Plant Project Site Achieves "Goal of Zero Accidents"
    As of May 20, 2013, Hyundai Engineering's Oman Musandam Gas Plant Project (Site Manager Kim Yong-mook) recorded 5 million hours of...
  • Meralco’s $1.2 Billion USD Subic Power Facility picked 3 Hyundai’s - Korea lead bidder
    The power generation subsidiary of Manila Electric Company (Meralco) has entered negotiation phase with South Korea's Hyundai Grou...

BEST OFFER JOBS

We are group and network of Executive Search Professionals and headhunters from all over the world serving all line of business for your manpower needs.

We are serving the following regions:

East Asia
Southeast Asia
Middle East
North Africa
Central Africa
South Africa
Latin America

For inquiries contact us for details.

Email: careers@bestofferjobs. com

Employers, Jobseekers & Partners


For employers: avail our affordable head hunting, and executive search services through our recruiting experts around the globe. Send us your inquiry through email address: careers@ bestofferjobs. com

For Job seekers: drop your resume through our email and we will match you with the current vacancies available in our database close to your geographic location.

For the recruiters and head hunters: you may join us and help others find a right job.

Check here for more info.

 

Contact us




Applicants may send their resume/CV through email address: careers @bestofferjobs.com with subject containing their desired position.


Copyright © 2020 Best Offer Jobs In Partnership and powered by: SOMOSOTECH I.T. CO., LTD