« Effective Date of New Unincorporated Business Entities Act Likely to Be Extended | Main | Misappropriation of Trade Secret Standards »

S.B. 27 - Response to Ivory Homes v. Utah State Tax Comm'n

Our Section has been asked by the Governmental Relations Committee to review S.B. 27 sponsored by Senator Howard Stephenson. The bill is intended to address issues raised by the Supreme Court’s Ivory Homes v. Utah State Tax Comm’n opinion (look under the “Recent Case Law” category for a summary of that case). The overall effect of the amendment appears to make it easier for a taxpayer to seek a refund of “overpayments” which it discovers after a vendor fails to separate out non-taxable items when applying sales tax on their invoices. You can review the bill and its status via the following link: http://le.utah.gov/~2012/htmdoc/sbillhtm/SB0027.htm . If you have any strong feelings about the bill or the way it is drafted please contact the Section Secretary Brent Clayton at brent@hsblegal.com as soon as possible.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

About

This page contains a single entry from the blog posted on February 24, 2012 2:57 AM.

The previous post in this blog was Effective Date of New Unincorporated Business Entities Act Likely to Be Extended.

The next post in this blog is Misappropriation of Trade Secret Standards.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.33