Latest State taxes News

Missouri lawmakers frustrated with GM job-retention promises

Nov. 16, 2019 11:17 AM EST

JEFFERSON CITY, Mo. (AP) — After scrambling to pull together $50 million in tax breaks for General Motors, some Missouri lawmakers say the company is coming up short so far with its promises for job retention at a suburban St. Louis plant. Lawmakers secured the incentives late last session at the urging of...

New Jersey seeks $640M from Uber for misclassifying workers

Nov. 14, 2019 5:22 PM EST

TRENTON, N.J. (AP) — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely...

Walmart Inc. sues 32 Colorado counties to shrink tax bills

Nov. 13, 2019 5:52 PM EST

DURANGO, Colo. (AP) — The parent company of Walmart has sued dozens of counties in Colorado in a bid to reduce its tax bills. The Durango Herald reports that county assessors are tasked with taking inventory of businesses’ assets and determining the items’ value. Authorities say Walmart...

Missouri proposes ban on pot companies paying taxes in cash

Nov. 8, 2019 3:58 PM EST

COLUMBIA, Mo. (AP) — Missouri's health department wants to ban medical marijuana businesses from paying taxes in cash, a move that industry advocates say could shut out small businesses from the field. Missouri voters in 2018 made medical marijuana legal but sales are still prohibited under federal law....

Ivanka Trump rejects notion family profits from presidency

Nov. 8, 2019 3:00 PM EST

RABAT, Morocco (AP) — Ivanka Trump brushed off criticism that her family has profited off the presidency and said Friday a big difference between her family and Democrat Joe Biden's is that President Donald Trump amassed his fortune before he entered politics while Biden's wealth is "derivative" of his...

Rebate checks are in the mail; SC taxpayers get $50 each

Nov. 8, 2019 11:48 AM EST

COLUMBIA, S.C. (AP) — More than a year after someone in South Carolina won an $878 million lottery jackpot, 1.2 million of the state's taxpayers are getting their own modest windfall from that lucky day. The South Carolina Revenue Department said Friday it began mailing out $50 rebate checks to state...

Kansas boosts tax collection forecast $510M over 2 years

Nov. 7, 2019 7:59 PM EST

TOPEKA, Kan. (AP) — Kansas officials on Thursday boosted the state's projections for tax collections by $510 million over two budget years, something certain to renew an already intense dispute between Democratic Gov. Laura Kelly and the Republican-controlled Legislature over cutting income taxes. The new,...

Hawaii may subpoena Airbnb for tax records of rental hosts

Nov. 6, 2019 9:05 PM EST

HONOLULU (AP) — A judge ruled Wednesday that Hawaii tax authorities may subpoena Airbnb for records of its hosts as the state investigates whether operators of vacation rentals have been paying their taxes. First Circuit Court Judge Bert Ayabe approved the subpoena after a brief hearing. Airbnb and the...

Colorado voters narrowly approve legalized sports betting

Nov. 6, 2019 4:55 PM EST

DENVER (AP) — Colorado became the 19th U.S. state to legalize some form of sports betting as election officials tallied Wednesday a surprisingly close vote in which ballots for the measure narrowly surpassed "no" votes. More than 1.3 million Coloradans voted Tuesday on Proposition DD, a bipartisan ballot...

World Bank sounds alarm about Lebanon amid protests, crisis

Nov. 6, 2019 9:19 AM EST

BEIRUT (AP) — The World Bank called on Lebanese authorities Wednesday to urgently form a new government that can address the country's worsening economic situation, warning that the small Mediterranean nation "does not have the luxury of time to waste." The stark warning came in a statement issued after a...