- The main takeaway: A Texas court decision is an important reminder that being a government contractor does not necessarily exempt your business from sales tax on purchases made in connection with that contract.
- Assess the impact: Since the exemption from sales tax on purchases does not typically flow-through to businesses performing services for the government, it’s critical for government contractors to be proactive in understanding the sales tax rules in states where they make purchases.
Source: aprio.com
Latest Posts in "United States"
- Concerns Over Proposed Value Added Tax to Replace Texas School Property Taxes
- Alabama Eliminates Sales Tax on Adult Diapers, Reducing Costs for Caregivers and Families
- Eliminating Colorado State Sales Tax Vendor Fee and Appropriation Adjustment
- Rhode Island Introduces 7% Sales Tax on Short-term Parking Services Starting October 2025
- Indiana Rules AI Chatbot Subscription Services Exempt from Sales Tax
