Sales tax

Many lawmakers in Congress have deferred to the high court on the issue in the belief that helping state and local governments collect sales tax for e-commerce might be construed as a new tax rather than an enforcement measure.

The justices and attorneys both sides in a case involving South Dakota all appeared to prefer action by Congress to regulate this area of interstate commerce that has been forced on the high court by legislative gridlock.

A high court ruling on online sales taxes that favors the states “could gradually improve long-term revenue growth prospects,” Fitch said.

Voters in Wisconsin also rejected a measure to abolish the state treasurer's office.

Surging sales tax revenue shows economic strength across several sectors, Texas Comptroller Glenn Hegar says.

Some states don't remit all of the sales tax funds that are due to local governments from e-commerce retailers.

The Trump administration and a bipartisan group of four senators weigh in on the states' ability to collect online sales taxes in friend-of-the-court briefs filed with the Supreme Court.

South Dakota, which has no state income tax and relies on sales and use taxes for much of its revenue, will make its oral arguments to the high court on April 17.

S&P Global Ratings is alerting municipal market investors that an expected increase in property tax challenges by big box retailers could put stress on municipal finances.

The court’s announcement on Friday that it will hear arguments in South Dakota v. Wayfair comes as lawmakers have been divided over the online sales tax issue.

Congress is expected to renew expired tax breaks for Puerto Rico and qualified zone academy bonds as well as enact corrections for the new tax reform law.

The Greater Cleveland Regional Transit Authority faces a $20 million budget gap because of changes in state tax distribution.

Despite the aftermath of Hurricane Harvey, Texas's November sales tax revenue soared 11% to a record $2.78 billion.

Chicago's new borrowing entity brings $575 million of sales tax securitization bonds to market this week.

Norman’s dependence on sales tax to fund everything from operating expenses and capital projects to public safety, libraries, swimming pools and parks could have repercussions in the near future.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.

Voters in seven California cities approved marijuana taxes Tuesday.

A sales tax increase to pay for a Tazewell County jail is still being collected although the building was paid off in 2011.

The $2 billion public-private partnership was put on hold after a federal judge issued an injunction.

The allure of promised savings persuaded most Chicago City Council members.