Sunday, August 9, 2009

N.H. Governor Signs Tax Law spurred by Town Fair Tire

Gov John Lynch signed into law July 9 a bill that quickly traveled through the state legislature in response to a legal battle in neighboring Massachusetts between Town Fair Tire Centers Inc. and the Massachusetts Department of Revenue (DOR). The DOR claims Town Fair's stores in New Hampshire should be collecting Massachusetts 5% sales tax - known as a use tax - from customers identified as Massachusetts residents. The new law prevents retailers from providing private consumer information to another state seeking to impose a use tax. The bill also puts the burden of proof on other states on whether a good or service purshased in New Hampshire is to be used, stored or consumed in another state.
Above is from the July 20, 2009 issue of "Tire Business".

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