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Sales Tax Updates: What’s New Across the US

  • Illinois retailers are now responsible for destination-based sourcing for sales tax purposes.
  • Louisiana increased its sales tax to 5%, creating a combined state and local sales tax rate of 12%.
  • Mississippi is considering a bill to eliminate the state income tax, reduce grocery taxes, and potentially raise municipal sales taxes.
  • Kansas has dropped the sales tax on some groceries to zero.
  • A Midwest auto parts company is asking for clarification on “physical presence” for sales tax nexus.
  • Colorado has enhanced its Sales and Use Tax System (SUTS) to simplify filing for businesses.
  • Chicago raised its Personal Property Lease Transaction Tax to 11%.

Source: taxconnex.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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