New York- The Tax & Accounting business of Thomson Reuters today revealed a sampling of quirky sales tax changes passed or implemented in 2013.

  • Hungry for revenue, two Massachusetts cities increased the tax on meals from 6.25 percent to 7 percent. The cities? Sandwich and Salisbury.
  • Straighter teeth just got cheaper in Arizona. Orthodontic devices are no longer subject to sales and use tax.
  • Connecticutdid away with its luxury tax on yachts, and tax is exempted all together if the boat is docked 60 days or less a year.
  • In North Carolina, chiropractors must collect sales tax on nutritional supplements and vitamins provided as part of a patient's treatment plan, and students must pay sales tax on meals purchased on college campuses.
  • Rhode Islandeliminated sales and use tax on wine and spirits sold at package and liquor stores from Dec. 1, 2013, through March 31, 2015.
  • The legalization of recreational marijuana comes with a hefty tax. Both Washingtonand Coloradoare taxing pot at a whopping 25 percent.
  • In Washington state, hiring a personal chef is a taxable service, and the chef is required to collect sales tax. However, if a meal is prepared with raw or undercooked eggs, fish, meat or poultry and refrigerated or frozen for consumption at a later time, and cooked prior to consumption to prevent food-borne illness, then the tax is waived.

The research division at the Tax & Accounting business of Thomson Reuters continually monitors regulatory developments around the world so the thousands of new rules and rates enacted each year are reflected in the company's indirect tax software platform. ONESOURCE Indirect Tax is used by leading global companies to seamlessly and accurately comply with tax regulations. For more information, visit:http://onesourceindirecttax.com.

About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go tohttp://www.thomsonreuters.com.

Contact

Aimee Quemuel
Public Relations
Codey Communications
Telephone: (415) 753-9005
Email: aimee@codeycommunications.com



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