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Tennessee – Amended its sales tax to include digital products, which include "specified digital products" sold with either permanent ownership rights or for less than permanent use. [34] Vermont – Created a specific tax on digital audio-visual works, digital audio works, digital books and ringtones that are transferred electronically.
The franchise tax refunds are the largest, single new item in Tennessee Gov. Bill Lee's budget, recently approved by lawmakers. Majority of $1.5B franchise tax refunds would flow out of Tennessee ...
Currently, the majority of Utah's aggregate sales taxes are in the range of 6.1 – 8.35%. Utah has a 16.350% sales tax on rental cars in Salt Lake City. [192] The sales tax on food and food ingredients is 3.0% statewide. This includes the state rate of 1.75%, local option rate of 1.0% and county option rate of 0.25%.
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The state is refusing to name the 80 companies that have sought franchise tax refunds from the state, a move that Finance Commissioner Jim Bryson says prompted Lee to include $1.2 billion in ...
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
Commercial taxes The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes.
Gov. Bill Lee arrives to deliver his State of the State address to the Tennessee General Assembly in the House chamber of the Capitol in Nashville, Tenn., Monday, Feb. 5, 2024.