Sales Tax Blog
Arizona’s Simplified Transaction Privilege Tax Process
If you do business in Arizona, it’s likely your sales are subject to the state’s Transaction Privilege Tax (TPT), which is essentially Arizona’s version of a sales tax. Like sales taxes in many states, the TPT varies in rate depending on location, as local jurisdictions can add their own tax onto the state rate. Previously, there were some local taxes that were administered by the state and others that weren’t which made the process of registering for a TPT license, as well as filing returns and making payments a hassle for companies doing business in multiple locations. What Is the… Read More
Are Android and iPhone Apps Subject to Sales Tax?
As technology evolves, there emerge more and more situations that our current sales tax laws were just not designed to deal with. Selling remotely over the internet is one of these, and when that selling involves digital products like apps, the issue of how and when to apply sales tax becomes even more complicated. That’s especially true from a seller’s point of view, as the taxability of an app depends on the state it’s purchased in and whether or not the seller has a nexus in that state. Distinctions in Digital Products When it comes to sales tax and the… Read More
What President Trump’s Tax Plan Means for Entrepreneurs
Throughout his campaign, and then once he was in office, President Donald Trump extolled his vision for a vastly simplified tax code that would lower rates for everyone and help make America more attractive to businesses of all sizes. The tax code is one area that could certainly benefit from some reform and simplification, but as with any major changes to a system like this, it’s hard to forecast how individual groups may be impacted. A Broad Outline Although the general direction President Trump is likely to move in his tax reform efforts was always clear, there were few specific… Read More