Examples of unreimbursed expenses for employees might include tools and supplies, occupational taxes
, work uniforms, union dues and expenses for work-related travel.
The metro government is largely reliant on a variety of occupational taxes
, which include an employee withholdings tax, a net profits tax, and a tax on insurance premiums (a combined 57% of fiscal 2016 general fund revenue).
on firearms and certain occupational taxes
are also collected by TTB.
Effective July 1, 2008, Section 11125 repeals the special occupational taxes
on producers and marketers of alcoholic beverages.
The TTB reported that the payment of special occupational taxes
will no longer be required from producers, wholesalers, importers, and retailers of alcohol beverages, as well as manufacturers of non-beverage products.
Annual occupational taxes
are imposed on each premise of alcoholic beverage producers, wholesale distributors, and retailers.
The legislation includes a package of business tax breaks to compensate for the higher minimum wage, including higher deductions for business meals, a repeal of occupational taxes
related to distilled spirits and wine, and an extension of a tax credit for businesses that hire certain employee groups.
* Amend or repeal section 5121, which requires special occupational taxes
on alcohol retailers.
The message contains the following reference to the occupational tax in the beverage field: "Change collection point of special taxes in connection with liquor occupations (included in 'liquor' are beer and wine) -To increase compliance rates and revenues, the special occupational taxes
currently levied on retailers would be eliminated and the existing taxes on wholesalers and manufacturers would be increased effective October 1, 1990." The parenthetical definition above is mine.
Neither FMI nor the National Grocers Association has figures on how many supermarket operators could be affected by the bureau's effort to collect unpaid special occupational taxes
, but the industry consensus is that it is most likely to hit smaller operators.
Taxes on firearms and certain occupational taxes
are also collected
The BAIF reminds wholesalers and retailers that July 1st is the due date for special occupational taxes
. For further information on the SOT, call BATE at 202-927-8500 or check the ATE web-site at www.atf.treas.gov.