House Bill 2098, passed despite the governor’s veto, brings changes to Kansas’ sales and use tax laws. It treats manufacturer’s coupons the same as retailer’s coupons, reducing the taxable “sales price” when reimbursed by the manufacturer. The bill also introduces a new sales tax exemption for equipment, machinery, software, and infrastructure used in communications services. Additionally, it creates a sales tax exemption for purchases by disabled veterans.
Source KPMG
Latest Posts in "United States"
- Indiana DOR Grants Sales Tax Refund After Sustaining Taxpayer’s Protest and Evidence Submission
- Missouri Eliminates Sales Tax on Essential Hygiene Products, Benefiting Families Statewide
- Understanding the Complexities of Sales Tax on Vitamins and Supplements Across States
- Streamlined Sales Tax: Weighing Benefits and Risks for E-commerce Businesses
- Colorado DOR Clarifies Bakery Goods Sales Tax Exemption for Home Consumption Purchases