Business Taxes Committee – 2016 Meeting Schedule & List of Topics

Current as of February 14, 2017

Before the topics summarized in the table below are presented at the Board's Business Taxes Committee (BTC) meeting, staff provides a forum for interested parties to discuss the topic and present any additional suggestions or comments.

For a complete schedule of interested parties meetings and other important dates, please review the 2016 Interested Parties Meeting Schedule.

Topic Material or Minutes Available BTC
Meeting Date
Proposed regulations to clarify the definitions of "wholesale cost" and "retail stock" with regard to tobacco products. Issue Paper
Minutes
1/26/16
Proposed amendments to clarify the application of tax to bundled subscriptions of newspapers. Issue Paper
Minutes
1/26/16
Proposed Regulation 4001 to clarify the definition of "retail stock" with regard to tobacco products. Issue Paper
Minutes
(Continued to June)
3/30/16
Proposed amendments to Regulation 1702.5, Responsible Person Liability, to clarify the terms "responsible person" and "willful." Issue Paper
Minutes
3/30/16
Proposed amendments to Regulation 1703, Interest and Penalties, regarding negligence penalties on first-time audits. Issue Paper
Minutes
3/30/16
Proposed amendments to Regulation 1616, Federal Areas, to clarify the application of tax to meals, food, and beverages sold by restaurants leasing tribal lands. Issue Paper-5/13/16 Postponed to 6/20-22/17
Proposed regulation to clarify the definition of "retail stock" with regard to tobacco products. Proposed amendments
Minutes
6/14/16
Proposed amendments regarding permanently implanted medical devices. Issue Paper
Minutes
8/30/16
Proposed amendments to clarify the application of tax to alterations of new garments. Issue Paper
Minutes
10/25/16
Proposed amendments to clarify the application of tax to software technology transfer agreements. Initial Discussion Paper Postponed