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Analyzing the Consolidated Appropriations Act of 2018

By Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance It was largely overshadowed by other headlines, but Congress recently passed a very significant piece of legislation. The Consolidated Appropriations Act of 2018 spends a lot – I mean a lot – of money: $1.3 trillion over the next fiscal year. It includes many substantial [...]

2018-04-13T12:39:29+00:00 April 13th, 2018|

Much at Stake in U.S. Supreme Court Online Sales Tax Case

By Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance On April 17, the Supreme Court of the United States (SCOTUS) will hear oral arguments in South Dakota v. Wayfair. Wayfair Inc., Overstock.com and another online retailer challenged a South Dakota law that calls for them to collect South Dakota’s sales tax on their sales [...]

2018-04-13T12:31:09+00:00 April 13th, 2018|

Indiana Chamber Statement on Importance of SaaS Tax Clarity Bill Signed Into Law Today  

(INDIANAPOLIS) — Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance, comments on Senate Bill 257 being signed into law, providing clarity on the tax exempt status for software-as-a-service (SaaS) transactions: “Since last summer, the Indiana Chamber has been leading the charge to see this clarification become law, with language originating in our tech policy committee. Our [...]

2018-03-22T16:47:52+00:00 March 23rd, 2018|

Fiscal Policy Committee Heard a Lot of Information

The Interim Study Committee on Fiscal Policy recently wrapped up its work after meeting three times. The group looked at issues related to the sales tax on food sold through vending machines, taxes charged in connection with hotel booking services, residential property taxes in redeveloping areas, tax increment financing, non-profit property assessments and the condition of a couple of [...]

2017-11-03T13:38:45+00:00 November 3rd, 2017|

New Federal Tax Plan: Meaningful, Yes. Comprehensive Reform, … ?

The “Tax Cuts and Jobs Act” (H.R. 1) has finally arrived! The long-awaited details – over 400 pages worth – are now out there for all to debate. This is a debate that will play out before the House Republican Ways and Means Committee next week. Much of the public discourse will focus on how it impacts individuals, but [...]

2017-11-03T13:39:35+00:00 November 3rd, 2017|