Friday, July 10, 2009

More on the NH vs. MA Sales Tax Issue

Yesterday, NH's governor signed a bill that protects its retailers from having to report sales to the home states of out-of-state buyers.

Now MA will have to prove goods or services bought in NH are being used, stored, or consumed in MA. MA DOR will have to go after MA residents instead of NH retailers. That puts the burden back where it belongs, with the state that is imposing the tax.

MA residents still have to declare these goods/services on their personal tax returns and pay use tax to MA - not often done, and little enforced.

The NH bill comes after MA attempted to collect $108,000 in "use" taxes from Town Fair Tire for sales it made to MA customers at its NH stores.

No comments:

Post a Comment