Tax Exemptions

Idaho Legislature Approves $20.7 Million In Tax Cuts

Emilie Ritter Saunders — Thu, 04 Apr 2013 22:00:45 +0000

The Idaho Legislature will go home today having approved nearly $20.7 million in tax cuts. That’s a fraction, less than one percent, of the state’s general fund budget.

Girl Scout Cookie Tax Break Passes Idaho House, Could Face Uphill Battle In The Senate

Emilie Ritter Saunders — Tue, 19 Mar 2013 20:40:41 +0000

A sales tax exemption for Girl Scout cookies sold in Idaho will advance to the upper chamber after lawmakers in the House approved the measure 59-11.

Idaho and Hawaii are the only two states that tax the sale of Girl Scout cookies. In Idaho, 22 cents from every box sold goes to the state. That amounts to about $140,000 in revenue each year.

Session Wrap: Lawmakers Expand Tax Exemptions

Emilie Ritter Saunders — Wed, 04 Apr 2012 20:34:09 +0000

Free samples of beer and wine are now tax-free. So are parts for some airplanes that are worked on in Idaho.

Lawmakers expanded and added new tax exemptions during the 2012 session, adding to a growing list (exemptions start on page 41).

Lets start with the new. Continue reading....