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What is use tax?

Posted By KRHA, Thursday, December 15, 2016


Use tax is a complementary tax to sales tax. Most states have sales tax, but there are some that don't. But those that do, normally expect businesses that conduct business in their state to keep track of items that they purchase from out of state. So if they do that, they should look at those invoices to see if there was sales tax charged for their location, and if not then there is almost always a consumer use tax or compensating use tax law in that state where you have to self-report that tax and pay it. 

Learn more about use tax and how to protect yourself.


We encourage you to contact a KRHA Allied partner if you have specific questions regarding this topic. 


Mize Houser & Company P.A.

Bret Curtis, CPA, JD, LLM Shareholder



Tags:  hospitality accounting  lodging accounting  restaurant accountant 

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