This article, authored by SalesTaxSupport.com's Internet Tax blogger, Sylvia Dion, was published by Bloomberg BNA and appeared in the publisher's State Tax Weekly and its Multistate Tax Report in March 2012 and April 2012, respectively. The article covers the mechanics of "deal-of-the-day" (i.e., "Groupon") transactions and discusses the specific guidance that had been issued through the end of April 2012, by New York, California, Massachusetts, Kentucky, Maine, Iowa and Illinois on whether sales tax is due upon the issuance of a Groupon voucher, and upon what value sales tax should be calculated. The article also discusses the Streamlined Sales Tax's efforts in surveying states on their approach and in developing an interpretive rule, and touches on unclaimed property tax issues. The article has been posted to Sylvia's website per permission of the publisher, and can be downloaded from her site by clicking on the link below:
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