Board Announces Sales Tax Rate Change for Solano County.SACRAMENTO Sacramento, city, United States Sacramento (săkrəmĕn`tō), city (1990 pop. 369,365), state capital and seat of Sacramento co., central Calif. , Calif.--(BUSINESS WIRE)--Aug. 31, 1998--The State Board of Equalization In communications, techniques used to reduce distortion and compensate for signal loss (attenuation) over long distances. (BOE BOE Based on Experience BOE Board of Education BOE BoletÃn Oficial del Estado (Spanish) BOE Bank of England BOE Board of Equalization BOE Board of Elections BOE Barrel of Oil Equivalent BOE Bind on Equip ), announced today that the sales and use tax Sales and use tax refers to:
Who must apply the new tax rate? You must report tax under the new 7.375 percent rate if you: -- Are a retailer in the county and your merchandise is sold and delivered within the county. -- Are a retailer located outside the county who is engaged in business in the county and you sell merchandise for use in the county. You are considered to be engaged in business in the county if you (1) have any type of business location there, (2) deliver into the county using your own vehicles, or (3) have an agent or representative in the county who makes sales, takes orders, or makes deliveries. -- Are a dealer of vehicles, vessels, or aircraft, and you sell those items to persons who register them in the county. -- Collect tax on lease payments you receive for leased property used by the lessee One who rents real property or Personal Property from another. A lessee of land is a tenant. Cross-references Landlord and Tenant. lessee n. the person renting property under a written lease from the owner (lessor). in the county. The new rate applies to your sales and purchases of merchandises normally subject to sales and use tax except for certain fixed-priced contracts and leases, as explained below. Is there an exemption from the tax rate increase? -- If you entered into a fixed-price contract or fixed-price taxable lease agreement prior to October 1, 1998, you should report tax at the rate specified in the contract or lease (generally, this will be 7.25 percent, the rate in effect in Solano County prior to October 1, 1998). To qualify as a "fixed-price" contract or lease, neither party can have the unconditional HEIR, UNCONDITIONAL. A term used in the civil law, adopted by the Civil Code of Louisiana. Unconditional heirs are those who inherit without any reservation, or without making an inventory, whether their acceptance be express or tacit. Civ. Code of Lo. art. 878. UNCONDITIONAL. right to terminate the contract or lease (Revenue and Taxation Code, sections 7261 (g) or 7262 (a)(2)(F)). In addition, the tax amount or rate must be specifically stated in the contract or lease agreement. If you have any questions regarding the tax rate change, or would like to obtain a tax rate chart for the new rate, please call the Board's toll-free Customer Service Information Center at 1-800-400-7115. Staff is available from 8:00 a.m. to 5:00 p.m., Pacific time, Monday through Friday, excluding State holidays.
CONTACT: State Board of Equalization, Sacramento
Delena Bratton, Horacio Paras, 916/445-3192
http://www.boe.ca.gov
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