Vendors and their interested parties who sell and ship goods across county lines, are being reminded that, effective Jan. 1st. in compliance with Ohio’s participation in the Streamlined Sales & Use Tax project, they were able to collect Ohio sales taxes based on the destination of those goods.
Effective July 1, 2005, destination-based sourcing of sales becomes mandatory. Pursuant to Ohio Dept. of Taxation Information Bulletin ST 2005-01, vendors subject to the new sourcing rules may be eligible for one-time compensation to offset some of those costs associated with their compliance efforts. To be eligible for compensation, a vendor must hold one or more regular county vendor’s license issued prior to July 1st., and have at least one permanent Ohio location. It is not available for sales made pursuant to service, deliveries, or transient vendor’s licenses.
Thirty-two states currently participate in the project which was implemented back in 2000. The National Conference of State Legislatures has a list summarizing the year and bill designation with which each of those states enacted their legislation.
Additional information & forms relative to vendors’ licenses are available from the county auditor’s office in the area being served.
Hamilton Co. Auditor @ http://www.hamiltoncountyauditor.org/vendors.asp
Butler @ http://www.butlercountyauditor.org/vendor_licensing.cfm
Warren @ http://www.co.warren.oh.us/auditor/licensing/vendor.htm
Clermont @ http://www.clermontauditor.org/default.php?section=license
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment