EffectiveAugust 1, 2009, the tax rate on sales and use of tangible personal property and telecommunications services will change from 5% to 6.25% and the exemption from sales and use tax for alcoholic beverages, including beer, wine and liquor, sold at retail has been repealed. Also, the so-called "bracket system" now in use for the computation of sales tax will be replaced with a rounding method.

Read more>>>