The Arizona Court of Appeals upheld a superior court’s order that a taxpayer was renting application software subject to the state’s transaction privilege tax (TPT). The court rejected the taxpayer’s argument that the software was intangible property, citing to a 1943 decision holding that the placing of a coin in a slot to play a record was the sale of tangible personal property subject to TPT because the music was perceptible to the senses.
Source: KPMG
Latest Posts in "United States"
- Understanding U.S. Sales Tax: A Comprehensive Guide
- New Jersey mediation program for corporation business tax and sales and use tax opens October 1
- US Supreme Court will hear oral arguments in tariff case in early November 2025; opening briefs due soon
- A 15% tariff is painful. A trade war would be worse
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements
