Governor Ivey has signed HB 479 to reduce the state sales tax rate on eligible food products. The state tax rate will be reduced to 3% on September 1, 2023. If certain revenue requirements are met, the rate will be reduced to 2% on September 1, 2024.
Source: sovos.com
Latest Posts in "United States"
- Alabama Counties Unite to Protect Simplified Sellers Use Tax Program from Legislative Changes
- Georgia DOR Releases Updated Sales Tax Compliance Certificate Version 2025.0 Effective August 1
- Trump Threatens Tariffs on Nations with Digital Taxes Targeting US Tech GiantsPresident Trump Threatens Increased Tariffs on Countries with Digital Taxes
- Can CPAs Be Held Liable for Client Sales Tax Non-Compliance?
- Fourth Circuit Overturns Maryland’s Digital Ad Tax Itemization Ban: Implications for Business Transparency