Weekly Round-Up: Checking in on Hotel Taxes

Highlights from the 8/21/17 through 8/25/17 issues of the Daily Tax Report: State :

  • Airbnb to Begin Collecting Tax in South Dakota
    Airbnb customers in South Dakota will begin paying taxes on booked rooms starting in early September.
  • Tax Amnesty Program Experiences Low First-Day Seller Turnout
    The Multistate Tax Commission received only seven applications during the first registration day for its new tax amnesty program for third-party sellers on marketplace platforms such as Amazon.com Inc., eBay Inc., and Etsy Inc.
  • Continuous North Carolina Hotel Stays Remain Tax-Exempt
    Multiple hotel check-ins by an individual or entity still qualify for North Carolina's accommodation tax exemption for long-term rentals.
  • Can You Pay Me Now? Verizon Refunding Taxes in New York
    Verizon Wireless has been sending some customers refund checks after a change in New York state tax policy.
  • Could Puerto Rico Be the Next Hot Tax Haven?
    Some 65,000 Puerto Ricans left their bankrupt U.S. island commonwealth last year. A group of private bankers are moving the other way.
  • No Tax Reciprocity Deal Between Gopher, Badger States
    The Wisconsin Department of Revenue expressed disappointment Aug. 22 with Minnesota's decision to forgo an income tax reciprocity pact and warned that the lack of harmony would inconvenience tens of thousands of taxpayers.
  • Trump Hotel's Tax Suit Against D.C. Going to Trial
    A Washington, D.C. judge ordered that a lawsuit against the city over property taxes on President Donald Trump's Pennsylvania Avenue luxury hotel will go to trial.
  • New Jersey Latest State to Regulate, Tax Fantasy Sports
    Fantasy sports companies welcomed Gov. Chris Christie's (R) Aug. 24 approval of a New Jersey bill regulating and taxing the multibillion-dollar industry's activities in the state.

Some notable developments from the State Tax Developments Tracker —Bloomberg BNA’s tool for monitoring important developments in all the states:

  • California Franchise Tax Board Releases Draft Text of Domestic Pass Through Entity Withholding Rule
  • North Carolina Allows Representatives of Decedents to Certify No Return Filing Required
  • New Hampshire Department of Revenue Administration Amends Tax on Meals, Rentals
  • Nevada Proposes Amending Renewable Energy Tax Abatement Program
  • Tennessee Reduces State Sales Tax Rate on Food, Food Ingredients to 4 Percent

Get a free trial to Bloomberg BNA Tax & Accounting's State Tax solution , a comprehensive research service that provides deep analysis and time-saving practice tools to help practitioners make well-informed decisions.

In other developments … 

Illinois amended regulations provide market-based sourcing guidance and other changes by PwC

Which Areas Benefit Most From the Home Mortgage Interest Deduction? by the Tax Foundation