State sales taxes on business-to-business purchases accounted for 41.7 percent of state and local sales taxes, according to a new study by Ernst & Young. The study was done on behalf of the Council On ...

Sales tax you pay for inventory used in manufacturing your goods is a cost of goods sold. The inventory you purchase is also a cost of goods sold; however, the sales tax expense for the inventory is ...

It can be hard for Ohio businesses to understand their sales tax obligations because of a lack of clarity as to what’s taxable and what’s exempt. That uncertainty can mean paying much more than needed ...

The retail sales tax is a prominent feature of the state and local tax landscape. Forty-five states and the District of Columbia have broad sales taxes, with only Alaska, Delaware, Montana, New ...

Purchasing merchandise wholesale allows a business to acquire goods for far less than retail prices. However, only the owner of a legitimate business can acquire merchandise at these discount prices.

WASHINGTON — Sales Tax: $0. Online shoppers have gotten used to seeing that line on checkout screens before they click “purchase.” But a case before the Supreme Court could change that. At issue is a ...

SALT LAKE CITY -- A bill unveiled in the legislature on Friday could require online retailers to start charging sales tax on purchases going to Utah. State lawmakers said existing law requires a sales ...

For purchases using University funds within the State of Alabama (or orders that will be shipped into Alabama), the University is exempt from sales taxes under state law as a public school. To be ...