Relating to: a sales and use tax exemption for products sold in connection with real property construction activities; factors that determine whether a transaction has economic substance for income and franchise tax purposes; the imposition of penalties on a taxpayer for failing to produce records and documents; and participation by the Department of Revenue in the Multistate Tax Commission Audit Program.
|Date / House||Action||Journal|
|1/27/2016 Sen.||Senate Substitute Amendment 1 offered by Senator Marklein|
|2/10/2016 Sen.||Report adoption of Senate Substitute Amendment 1 recommended by Committee on Revenue, Financial Institutions, and Rural Issues, Ayes 3, Noes 2|
|2/16/2016 Sen.||Senate Substitute Amendment 1 adopted|