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Committee introduces RS 32206 to exempt small sellers under $5,000 from sales-tax permits; amendment adds vessel definition
Summary
The Revenue and Taxation Committee introduced RS 32206, which would exempt sellers with annual sales below $5,000 from needing a sales-tax permit; Representative Jason Monks cited 10,701 permits in 2023 and the measure was introduced with an amendment adding a vessel definition referring to section 67-7003.
The Revenue and Taxation Committee voted to introduce RS 32206, a proposal that would exempt sellers with annual sales under $5,000 from obtaining a sales-tax permit, Representative Jason Monks said.
The measure aims to reduce permit and processing burdens for very small, informal sellers such as homeowners selling surplus fruit or eggs; Representative Monks said the exemption would apply cumulatively across a seller's activities and that storefronts, alcohol sales, and vehicle sales would…
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