TAX TIP OF THE DAY... sales tax change for graphic design business owners effective 08/01/16
Old law… if you emailed info but never followed up with a printed product or computer disc, the transaction was not taxable for sales tax purposes. New law… Effective August 1, 2016, licensees are now required to collect tax on electronically delivered videos, photographs, books, any other taxable printed material, apps, games, music, any audio service including satellite radio or canned software. This only applies to in-state customers. Taxable sales on these items made on or after August 1, 2016, must be included when filing sales tax returns. The date of sale is the date of the invoice or other similar document. SHARE WITH A FRIEND. http://www.baboiancpa.com/blog Comments are closed.
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AuthorDavid S. Baboian, CPA Archives
February 2018
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