SALT Watch

SALT Watch is GBQ's state and local tax technical publication. This bi-weekly publication is prepared by our state and local tax professionals to provide technical updates on legislative, regulatory and judicial state and local tax developments.

The InvestOhio Program

November 15, 2011
A Significant Ohio Personal Income Tax Credit Opportunity

Guidelines Released on Ohio Consumer’s Use Tax Amnesty Program

September 07, 2011
The Ohio Consumer’s Use Tax Amnesty program starts October 1st and runs through May 2013.

“Click-Through” Nexus: Are you at risk?

July 29, 2011
By far the most talked about sales tax issue of 2011 is the “Amazon tax” and the nexus requirements for online retailers. GBQ’s SALT group has kept a careful watch on the many recent developments.

Governor Kasich Signs Ohio Budget Bill

July 07, 2011
Ohio’s highly anticipated biennial budget bill, was signed by Ohio Governor John Kasich on Thursday, June 30, 2011, effectively closing the large multi-billion dollar deficit without raising taxes.

Michigan Repeals MBT; Replaces it with Corporate Income Tax

June 29, 2011
In what has been called the biggest tax overhaul in Michigan in 17 years, Michigan Governor Rick Snyder signed House Bills 4361, 4362, and 4479 into law repealing the controversial Michigan Business Tax.

Spotlight on Illinois: Illinois Raises Corporate Income Tax Rates by 45%

May 16, 2011
In an effort to reduce an estimated $13 billion budget deficit, the Illinois legislature, with the support of Governor Pat Quinn, decided to increase corporate income tax rates by 45%.

Washington State Tax Update and Amnesty Program Reminder

March 10, 2011
Washington State is currently offering a temporary amnesty program that waives penalties and interest on certain unpaid Washington State business taxes, including the state business and occupation (“B&O”) tax.

SALT Watch - Ohio Clarifies Definitions

February 25, 2011
Ohio clarifies definiitions of "drugs" and various types of medical equipment for sales and use tax.

Ohio Rolls Out Consumer’s Use Tax Education Program

February 15, 2011
In an effort to increase consumer’s use tax compliance, the Ohio Department of Taxation has begun a Use Tax Education Program to inform taxpayers of their obligation to remit use tax on untaxed purchase transactions.

SALT Watch: Breaking News

November 15, 2010
Ohio Real Estate and Corporate Franchise Tax Update

States Continue Offering Amnesty to Aid Taxpayers, Build Revenue

September 02, 2010
Many states are finding success in offering state tax amnesty programs as a way of generating cash and encouraging taxpayer compliance.

Ohio Third Frontier Project

June 18, 2010
Grants for Commercializing and Capitalizing on your Research and Development.

State and Local Incentive Opportunities

June 08, 2010
Are you preparing for the future?

Amnesty Opportunities Available to Aid Taxpayers

February 22, 2010
As more states continue to feel the pinch on budgets resulting from the extended economic downturn, state taxation and revenue departments have aimed to make it easier for taxpayers to come forward with outstanding tax liabilities.

States Targeting Internet Retailers for Sales Tax Purposes

June 10, 2009
The past twelve months have seen rampant movement by several states attempting to reign in internet and online retailers for purposes of sales and use tax collection and filing requirements.

Michigan Department of Treasury Releases Final MBT Forms – Now What?

February 20, 2009
Taxpayers who have been patiently waiting for the Michigan Department of Treasury to release final Michigan Business Tax (“MBT”) forms must wait no longer.

Ohio Real Estate Taxes in an Economic Downturn

February 10, 2009
Due to the current economic conditions, many taxpayers are reviewing expenditures to identify cost savings. One area that may provide opportunity for such savings is real estate taxes.

President Signs Seven-Year Extension of Internet Tax Moratorium

December 14, 2008
On October 31, 2007, President Bush signed a seven-year extension of the moratorium on state and local internet access taxes scheduled to expire on November 1, 2007.

Ohio CAT Ruled Unconstitutional for Some in Food Industry

September 22, 2008
The Ohio Court of Appeals, 10th Appellate District, reversed an earlier trial court decision by ruling the Ohio Commercial Activity Tax (“CAT”) unconstitutional as applied to wholesalers and retailers of food items for human consumption off premises.

Ohio Switches Back to Origin Sourcing After Streamline Amendment

May 19, 2008
On April 18, 2008 Governor Strickland signed Am. Sub. H.B. 429 in response to the Streamline Governing Board’s amendment to sourcing provisions of the Streamlined Sales and Use Tax Agreement (“SSUTA”).

Sourcing Change Paves Way for Ohio Membership in Streamline Project

February 28, 2008
The Governing Board of the Streamlined Sales and Use Tax Project voted unanimously to amend the Streamlined Sales and Use Tax Agreement to allow member states to elect to use origin based sourcing for intrastate sales of tangible personal property.

Ohio Replaces Longstanding Training Credit with Grant

January 28, 2008
The OTTC program expired at the end of 2007. In November 2007, S.B. 250 was referred to but never reported out of the Senate Ways and Means and Economic Development Committee.

President Signs Seven-Year Extension of Internet Tax Moratorium

November 07, 2007
On October 31, 2007, President Bush signed a seven-year extension of the moratorium on state and local Internet access taxes scheduled to expire on November 1, 2007.
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