It’s that time of year again – Girl Scout cookies are back! While entering the local supermarket to get groceries or grabbing a coffee at Starbucks, you’ve probably encountered the stand filled with those delicious cookies being sold by young girls wearing their green uniforms.
As it turns out, those little cookies are subject to some big sales taxes. In Idaho, the 6 percent sales tax rate results in 22 cents being knocked off every cookie box, which now sells for $3.75 a piece, notes an article in The Spokesman-Review.
However, that may not be the case for long, as Idaho recently began the process of giving the Girl Scouts a sales tax break on their cookies, reports the article. The Idaho House Tax Committee passed the bill, H.B. 250, which is now continuing through the legislative process.
The likelihood of the sales tax exemption being enacted by the Idaho Senate is not likely, according to a LocalNews8.comarticle. As Idaho already has over 100 sales tax exemptions in place, lawmakers are weary to continue enacting other tax breaks for special interest groups, notes the article.
For more information about the various state food sales tax exemptions, check out Bloomberg BNA’s Sales and Use Tax Navigator.
In other developments . . .
The Florida Department of Revenue recently issued an emergency rule regarding the research and development tax credit in order to explain the credit's calculation and application procedure, according to a Bloomberg BNA Weekly State Tax Reportarticle.
By: Kathleen Caggiano
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)