State Sales Tax Increase

POSTED BY: News Department
Wednesday, June 25, 2003 - 06:18 PM
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With the state in a budget crunch, legislators are calling for a tax increase. The new state budget bill will take effect on July 1st, increasing sales tax from five percent up to six percent. Tom Poorman, President of the Zanesville Muskingum County Chamber of Commerce, says,” There are certain kinds of service businesses that, as part of the budget bill, were added to the sales tax base. That means that certain kinds of services that were not taxable before will have to start collecting sales tax and paying that to the state.” Poorman says vendors who are affected should have received a letter from the Ohio Department of Taxation. Because the law is very complex and differs from business to business, he encourages vendors to seek advice from their accountants. Poorman doesn’t expect the increase in the sales tax rate to have a dramatic effect of Muskingum County. He believes that most residents and businesses are willing to do their part to help balance the state’s budget.

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