Effective 1/1/2016 All California Prepaid Cellular stores and providers will be required to charge a % of tac called Prepaid Mobile Telephy
Effective 1/1/2016 All California Prepaid Cellular stores and providers will be required to charge a % of tac called Prepaid Mobile Telephy. This is a separate tax from retail goods. Would it be possible that you can implement a separate tax feature or report for prepaid services so when we do our tax report it wont mix it with the current tangible goods sales report. This is a tax for Service, new in California.
For this case, you would have to create a tax and apply it to all your items. Your tax summary will include this tax, however, our detailed tax report will separate this tax from the other taxes. This will allow you to see the total collected from this one tax.