Sales and Use Tax
DRS has extended the filing and payment deadlines for sales tax returns (added 3/30/2020) within the parameters outlined in Q&A excerpt below:
What small business taxpayers qualify for this relief? (added 3/30/2020)
Taxpayers that have $150,000 or less in annual Sales Tax liability qualify for an automatic extension of time to file and pay. Similarly, taxpayers that have $150,000 or less in annual Room Occupancy Tax also qualify for this relief. A taxpayer that collects both Sales Tax and Room Occupancy Tax must evaluate each tax separately to determine eligibility for relief.
How does a taxpayer determine if it is a qualified small business? (added 3/30/2020)
Taxpayers are required to utilize a calendar year look back period of January 1, 2019, through December 31, 2019. Any taxpayer that reported $150,000 or less in tax during that period qualifies for the relief.
What returns are covered by this extension? (added 3/30/2020)
For monthly Sales Tax and Room Occupancy Tax filers: returns and payments due March 31, 2020, and April 30, 2020, are extended to May 31, 2020.
For quarterly Sales Tax and Room Occupancy Tax filers: returns and payments due April 30, 2020, are extended to May, 31, 2020.