Tax Planning in 2009 Nov 7, 2009
It applies to purchases of tangible personal property such as equipment, computers, telephone systems, and office furniture. Page. (BusinessWeek)
$4.5 million house in fraud case could be bonanza for Lee County Oct 24, 2009
Because the property appears to be a rental and therefore a business, the appraisers office could also seek tangible personal property taxes on the furnishings in the house. Its unknown how much that would amount to. (The News-Press -- Business)
Contractors seek level playing field Oct 6, 2009
The regulation contradicts Section 6006 of the state tax code that defines a sale as any transfer of title or possession, exchange or barter, conditional or otherwise, in any manner or by any means whatsoever, or tangible personal property for a consideration. You can t have it both ways, Brown said. (Sacramento Business Journal, CA)
Strickland seeks to delay last year of tax cut Oct 1, 2009
He is asking state legislators to move quickly on his proposal, which would leave other tax reforms, such as elimination of the corporate franchise and tangible personal property taxes, in place. These actions I ve suggested will keep intact the structure of the tax reforms, Strickland said. (Columbus Business First, OH)
Michaels view of hospital debate...Its my agenda Sep 30, 2009
4, of the agreement states: Hospital means the real estate and improvements of CGH owned by the County including the Hospital building and surrounding parking areas, driveways, and other improvements, appurtenances, fixtures, furniture and other tangible personal property used in connection with, or incorporated into or affixed to any part of the Hospital building as of the Effective Date. Article I, 1. (Grants Cibola County Beacon, NM)
Kingwood members mulling Williams offer Sep 18, 2009
"Williams asked members to form an advisory council. He also solicited members to pay 10,000 for a new company, Kingwood Country Club and Resort, LLC. Those shareholders would then lease the tangible personal property from the resort for 5,000 per month for five years, which totals 300,000. Attempts to reach Williams by phone were unsuccessful.Member Randy Speed said he and others were conducting due diligence in consideration of the offer."Kingwood is trying to save the club. To save the club,... (Clayton Tribune, GA)
State can’t collect tax on sales in N.H. Aug 26, 2009
But the court ruled the state s use tax law does not grant room for inference and requires the state to show actual proof the storage, use, or consumption of tangible personal property occurs in Massachusetts. Because the statute is unambiguous, we follow the ordinary meaning of the words, the court wrote, quoting a simi lar case from 1990. (Boston Globe)
PartyGaming Moves For World Poker Tour Assets with Superior Offer Aug 25, 2009
Under the asset purchase agreement, WPTE will sell its television library, including all related intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property. WPTE will retain its cash and cash equivalents, investments in debt securities and put rights, certain other investment and litigation assets, and future license revenues from certain existing Sponsorship deals for Season Seven of the World Poker Tour. (Yahoo! Wire -- Entertainment News)
Harriet Miers Takes Another Crack at the U.S. Supreme Court Aug 20, 2009
"It is a tax on tangible personal property actually located in Woods County on the assessment dates.". In her petition for certiorari, Miers said there is "widening disagreement and confusion" regarding the constitutional limitations on state and local taxes of natural gas that is held in storage in an interstate pipeline system. (Law.com)
WPT Enterprises, Inc. to Sell Assets as Part of Online Gaming Extension Aug 4, 2009
Under the asset purchase agreement, the Company will sell its television library, including all related intellectual property rights, brand names, trade names, certain assumed contracts and tangible personal property. Gamynia will assume specified liabilities including one of the two corporate leases. (Yahoo! Wire -- Entertainment News)
Area meetings detail Aug. 4 LOSST vote information Jul 28, 2009
"That includes tangible personal property such as books, clothing, jewelry and furniture," she explained. "If it's subject to state tax, it's subject to LOSST." The agricultural sector has several specific exemptions. (Ocheyedan Press Melvin News, IA)
M.J. AIDE: $5.5M Was 'Secret' Jackson Money Jul 26, 2009
5 million in cash from "one of Michael Jackson's former financial advisers" and also recovered "substantial amounts of tangible personal property," not necessarily from the same person. But Tohme said the money "was not recovered.". (ABC News)
M.J. Estate Recovers $5.5M From Ex-AdviserAdministrators want singer's mom, kids to get "allowance" as they cut megadeals. Jul 25, 2009
5 million in cash from "one of Michael Jackson's former financial advisers" and also recovered "substantial amounts of tangible personal property," not necessarily from the same person, according to court papers filed today. Michael Jackson's estate administrators say they have recovered $5. (ABC News)
EZCORP Announces Executive Promotions Jul 7, 2009
In its pawnshops, the Company offers non-recourse loans collateralized by tangible personal property, commonly known as pawn loans. At these locations, the Company also sells merchandise, primarily collateral forfeited from its pawn lending operations, to consumers looking for good value. (PR Newswire)
More Vermont diocese properties face liens Jul 6, 2009
The notes and guarantees will be secured by first-priority liens, subject to permitted liens and exceptions for excluded assets, in substantially all of the company's and its subsidiary guarantors' fixed assets, including certain real property, fixtures and equipment and tangible personal property, and by second-priority liens, subject to permitted liens, in substantially all of the company's and its subsidiary. Fitch Affirms Providence Place Mall Pass-Through Certificates; Assigns Outlooks. (Fresno Bee -- Nation)
Michael Jackson will from 2002 located Jul 1, 2009
Jackson's mother, Katherine, has temporary control of "tangible personal property" ... The 2002 will surfaced Monday after a Los Angeles judge gave the singer's mother, Katherine Jackson, temporary control of her son's "tangible personal property.". (CNN -- Showbiz)
Local businesses also feel the sting of taxes May 11, 2009
There also is tangible personal property and state tax, supplies and equipment, and state and federal income tax, etc. It s the cost of doing business in the United States, Gonzalez said. (Sierra Vista Herald, AZ)
'Tea party' tax protests held at Hawaii state Capitol, nationwide Apr 17, 2009
Retail sales tax (HB1605 HD1 SD1) Authorizes counties to establish a retail sales tax of no more than 1 percent on the sale of tangible personal property. Hotel room tax (SB1111 SD1 HD1) Increases hotel room taxes by an unspecified amount. (Honolulu Advertiser)
Overtaxed already, county retail sales tax might be next (267) Apr 13, 2009
Unlike the state s general excise tax which is levied on both goods and services and at all levels of transactions, the retail sales tax would be imposed only on tangible personal property or goods, and then only when they are purchased for final consumption. Although no rate is currently specified in the proposal under consideration, discussions have focused on a rate up to one percent. (Lihue Garden Island, HA)
March 31st is Property Tax Deadline Apr 1, 2009
Published: Monday, March 30, 2009 4:26 PM EDT Deadline for payment of 2008 real estate and tangible personal property taxes is Tuesday, March 31. After this date, any 2008 property tax payments will be considered delinquent and late fees and interest will be incurred. (Bartow Polk County Democrat, FL)
Mom sues over alleged fight club at state home Mar 28, 2009
Roll of cell phones Hilliard said the state agency can't be sued except in certain instances, such as when the "injury was contributed to by the use of tangible personal property.". "If not for the cell phones, we never would have identified the issues; but for the cell phones they never would have been subject to a suit," he said. (MSNBC -- Crime)
Alderman Must Run as Write-In Election Feb 8, 2009
280, every taxpayer must submit a list of tangible personal property items with the assessor's office prior to March 1 each year. Ironically, Walter won his alderman seat in April of 2007 as a write-in candidate. (Missourian Publishing, MO)
