HB 1678-S - DIGEST |
(DIGEST OF PROPOSED 1ST SUBSTITUTE) |
Provides more clarity and consistency in the sales and use taxation of digital business inputs. |
Reaffirms and restores the policy choice, made by the legislature in 2009, of providing substantial sales and use tax relief to businesses for their acquisition of digital business inputs. |
Evaluates whether the fiscal impact of these tax preferences reasonably conforms to what was anticipated at the time the implementing legislation was adopted. |