Search results
Results from the WOW.Com Content Network
Kansas reduced the state-level sales tax on food sales tax to 4% in 2023. Further cuts will be to 2% on 1 January 2024 before being fully eliminated on 1 January 2025. Local sales taxes are still imposable. [114] No sales tax is charged on prescription medicines. [115] [116]
The compromise tax cut plan did not include any sales tax cuts, but that doesn't mean you won't see any relief on purchases. Based on a 2022 law, the state sales tax on grocery food is scheduled ...
It would increase state property tax exemptions and state income tax deductions, as well as provide tax credits for child care. It aims to eliminate the food tax outright and establish a sales tax ...
Kansas Gov. Laura Kelly said she will announce the date of the special session next week. ... and accelerating the elimination of the state sales tax on food to July 1, in addition to ending taxes ...
A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is often compared to a sales tax ; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are ...
The top Republicans are backing a plan to expand the state’s Sales Tax and Revenue – STAR – bonds program in a bid to win over one or both teams. Under the plan, Kansas would be authorized ...
The Streamlined Sales and Use Tax Agreement (SSUTA) [1] focuses on four major requirements for simplification of state and local tax codes: 1) state level administration, 2) uniform tax base, 3) simplified tax rates, and 4) uniform sales sourcing rules. State-level administration Under SSUTA, sales taxes will be remitted to a single state ...
For premium support please call: 800-290-4726 more ways to reach us