Important News and New Information
Sales Tax on Internet Purchases – South Dakota v. Wayfair Court Decision
We appreciate the U.S. Supreme Court’s recognition of the economic reality of Internet sales in today’s world. This decision will have an impact on Utah state sales tax revenues. Utah law requires the Tax Commission to notify the legislature in the event of a Supreme Court decision authorizing states to collect sales tax from remote sellers. The legislature met in a special session in July and addressed the impacts of the Wayfair decision on Utah taxpayers. Utah plans to begin collecting these taxes on Jan. 1, 2019.
For more information, see Sales and Use Tax Collection by Remote (Out-of-State) Sellers
Removal of Credits and Contributions from Tax Returns
The credit against corporate tax for employment of a person who is homeless (Section 59-7-617) meets the criteria for removal and will be removed from the 2020 corporate tax return. See this notice for more information
New Withholding Tables
The Tax Commission has released updated income tax withholding tables. See Pub 14, Utah Withholding Tax Guide, for more information