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Total Solar Eclipse Won’t Black Out State Taxes
Source:
bna.com
- Aug 17, 2017
Pinpoint the best place to watch. Shield your eyes. Procure protective viewing glasses—and steer clear of fakes. Expect traffic jams and large crowds. Prepare for the weather.
Such tips are plentiful as states, cities, and stargazers prepare for the Aug. 21 total solar eclipse. But there’s another aspect of the historic eclipse that is discussed less often: the tax responsibilities. As about a dozen states prepare for their moment of darkness, some have taken steps to ensure individuals coming to see the spectacle or sell their wares know whether they should be paying or collecting tax.
“There are people who will rent out their driveways and their street corners for parking,” Verenda Smith, deputy director of the Federation of Tax Administrators, told Bloomberg BNA. “You’re trying to teach people to pay attention and not get caught later.”
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Category: General Business
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