The Department of Revenue is already looking for the business community to provide feedback on the tax which was amended to apply the sales and use tax to certain services relating to computer system design and to modification, integration, enhancement, installation, or configuration of standardized or prewritten software computer related services that went into affect on July 31st (TIR 13-10).
The amendment has far reaching implications beyond that of the companies specializing in computer software and design in determining what exactly is to be taxed, to the business community in general who will see their costs increased for specialized software, computer system designs, websites, etc.
The DOR anticipates issuing amendments on sales tax regulations for the computer industry (the final phase of guidance) by mid-October. In the meantime, answers to Frequently Asked Questions can be found HERE
The Peabody Area Chamber of Commerce would like to hear from local businesses on how this change will impact their business. Email comments to president@peabodychamber.com
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