The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.
- Hungry for revenue, two Massachusetts cities increased the tax on meals from 6.25 percent to 7 percent. The cities? Sandwich and Salisbury.
- Straighter teeth just got cheaper in Arizona. Orthodontic devices are no longer subject to sales and use tax.
- Connecticut did away with its luxury tax on yachts, and tax is exempted all together if the boat is docked 60 days or less a year.
- In North Carolina, chiropractors must collect sales tax on nutritional supplements and vitamins provided as part of a patient’s treatment plan, and students must pay sales tax on meals purchased on college campuses.
- Rhode Island eliminated sales and use tax on wine and spirits sold at package and liquor stores from Dec. 1, 2013, through March 31, 2015.
- The legalization of recreational marijuana comes with a hefty tax. Both Washington and Colorado are taxing pot at a whopping 25 percent.
- In Washington state, hiring a personal chef is a taxable service, and the chef is required to collect sales tax. However, if a meal is prepared with raw or undercooked eggs, fish, meat or poultry and refrigerated or frozen for consumption at a later time, and cooked prior to consumption to prevent food-borne illness, then the tax is waived.
- SOURCE : AccountingToday.com
