PA Sales Tax Prepayment Option Effective In October

more+
less-

[author: James L. Fritz]

 

As noted in our last newsletter, vendors having PA sales tax liability of at least $25,000 and less than $100,000 during the 3rd quarter of 2011 will have an alternative prepayment option, starting with the prepayment due October 22.  In lieu of remitting 50% of the tax liability for the same month of the previous year, qualifying vendors may base the prepayment on 50% of the tax liability for the current month.  Vendors who remitted $100,000 or more in the 3rd quarter of 2011 must continue to remit 50% of the tax for the same month in the prior year.

Written by:

Published In:

Tax

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© McNees Wallace & Nurick LLC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×