Although the majority of 2022 state tax changes take effect at the start of the calendar year, some are implemented at the beginning of the fiscal year. Individual and corporate income tax changes usually take effect at the beginning of the calendar year to maintain policy consistency throughout the tax year, but sales and excise tax changes often correspond with the beginning of a fiscal year.
Source Tax Foundation
Latest Posts in "United States"
- New Executive Order waives Russian sanctions and tariffs under Graham Act
- Washington Denies Refund for Out-of-State Electric Vehicle Sales Tax
- Texas Proposes Removing Sales Tax on Platform Fees
- North Carolina Taxes Videogame Subscription Fees Providing Access to Online Functionality
- Delaware Sales Tax: No State Tax, But Gross Receipts Tax Applies
