Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bill would require newspapers and some digital publishers to file B&O tax performance reports, lawmakers told
Summary
House Finance took testimony Jan. 23 on HB 1060, which would require businesses claiming the B&O exemption for newspapers and certain digital content to file an annual tax preference performance report with the Department of Revenue.
House Finance took testimony on House Bill 1060 on Jan. 23, a bill that requires businesses claiming the business-and-occupation (B&O) tax exemption for printing and publishing newspapers and certain digital content to file an annual tax preference performance report with the Department of Revenue.
Rochelle Harris, committee staff, described the B&O tax as the state’s gross-receipts business tax and said the current exemption for newspapers and certain digital content is scheduled to expire Jan. 1, 2034. The bill would require any business claiming that exemption to file the complete annual tax performance report…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
