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"
- US imposes additional tariffs on India for buying oil from Russia
- EU proposes tariff reductions to implement EU-US deal
- 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