Sale of Software License is Exempt from Royalty Tax in India

The Pune Income-tax Appellate Tribunal (Tribunal) issued a ruling in the case of BMC Software Asia Pacific Pte Ltd. (taxpayer), relating to a Singapore-registered company which received income from the…

Rochester sales tax extension passes first vote – Post Bulletin

ROCHESTER – Minnesota lawmakers will be asked to allow Rochester residents to vote on whether to extend the city’s 0.5% sales tax. “This is the start of our conversation with…

Rochester sales tax extension talks moving forward – Post Bulletin

ROCHESTER – A proposal to extend the city’s 0.5% sales tax into 2040 received initial support Monday. At least five of seven Rochester City Council members voiced support for four…

Kent Democratic Sen. Mona Das proposes 1% cut in state sales tax

State Sen. Mona Das, D-Kent, proposed a bill that would cut the state sales tax by 1% across the board starting in 2023. Senate Bill 5932 would reduce the state…

Democrats in Legislature push for West Virginia sales tax cut

Democrats in the Legislature today proposed a sales tax cut for West Virginians. West Virginia’s sales tax is currently 6 percent. The Democrats, who announced the policy goal in a…

Surging sales tax revenues continue to puzzle budget managers

Routt County’s sales tax revenues are coming in at 170% of what was budgeted for March, a windfall of an additional $500,000 in March alone.John F. Russell/Steamboat Pilot & Today…