Technical Bulletins

Technical bulletins contain general information on a subject. They are not intended as advice with respect to a specific fact situation, but rather are intended to provide general guidance to the public on a topic. They often will be industry specific and provide information derived from several statutes. They are not appealable.

Technical bulletins must be approved by the Commissioner and are available to the public.

TB #	Tax Type	Date Issued	Description	Law Reference
1	Land Gains	07/21/1995	Basis of land acquired through foreclosure or transfer in lieu of foreclosure	32 V.S.A. § 10005(a)
2	Sales Tax	08/18/1995	501(c)(3) Non-Profit Organizations Exemption - to define exemption criteria of Section 9742(3), as amended by 1995 Legislature	32 V.S.A. §9743(3)
3	Franchise Tax	02/14/1996	Exclusion of deposits held outside Vermont by taxpayers operating in more than one state	32 V.S.A. §5836(b)
4	All Taxes	06/26/1996	Substitute forms requirements	32 V.S.A. §3201(A)(6)
6	Income Tax	Original: 05/09/1997 Revised: 09/26/2008	Estimated payment by S Corporations, Partnerships and limited LIability Companies on behalf of shareholders, partners and members	32 V.S.A. §5914 32 V.S.A. §5920
7	Sales Tax	07/24/1997	Sales tax on telecommunications services	Superseded by Statutory Change
8	Sales Tax	07/24/1997	Sales Tax exemptions for materials used in the construction of manufacturing or downtown redevelopment facilities	32 V.S.A. §9741(38) 32 V.S.A. §9741(39)
9	Sales Tax	12/18/1997	FAQ for TB-8 - Sales tax exemptions for materials used in the construction of manufacturing or downtown redevelopment facilities	32 V.S.A. §9741(38) 32 V.S.A. §9741(39)
10	Income Tax	06/19/1998	Installment sales of real estate	32 V.S.A. §5823(b)
11	Sales & Use	07/14/1998	The packaging exemption from the Vermont sales and use tax applied to returnable and reusable items	32 V.S.A. §9741(16)
12	Sales & Use	08/31/1998	TB-12 pertained to an imposition of sales tax on service contracts which existed briefly in 1998 and was repealed by 1999 Act 49 §71	Superseded by Statutory Change
13	Meals & Rooms	10/13/1998	Purchaser based treatment of VT Meals & Rooms Tax	32 V.S.A. §§9201-9281
14	Sales Tax	04/29/2002	Requirement to collect Local Option Sales Taxes (Orig. 2/99)	Superseded by TB-37
15	Income Tax	02/01/1999	Real estate withholding tax, installment sales of real estate	32 V.S.A. §5847 32 V.S.A. §5847(a)
16	Sales & Use	10/20/1999	Sales tax exemption for clothing	Superseded by Statutory Change
17	Sales & Use	11/18/1999	Sales tax exemption for clothing	Superseded by Statutory Change
18	Household Income	03/03/2000	Treatment of retirement plan transfers for household income	32 V.S.A. §6061 *NOTE - does not reflect current law
19	Sales & Use	03/14/2000	Sales by tax exempt organizations	32 V.S.A. §9741(3)
20	Act 60 Homeowner	03/23/2000	Claim of descendents	32 V.S.A. §6063
21	Property Tax	05/03/2000	Removable greenhouse	32 V.S.A. §3618
22	Corporate Income	06/22/2000	Consolidate returns Investment & Holding Companies	32 V.S.A. §5837 32 V.S.A. §5862(c)
23	Income Tax	Original: 11/22/2000 Revised: 12/08/2005 Revised: 01/13/2012	Determining the correct VT withholding by employers	32 V.S.A. §5841
24	Income Tax	Original: 04/17/2001 Revised: 10/16/2003	Exemption of U.S. Govt. obligations from personal income tax	32 V.S.A. §5823(a)(1) 31 U.S.C. §3124(a)
25	Meals & Rooms	Original: 06/03/2003 Revised: 09/12/2008	Local Option Tax	24 V.S.A. §138(b)(2)&(3)
26	Sales & Use	06/19/2003	Temporary Exemption for Computers	2003 Act 67 §25
27	Sales & Use Meals & Rooms	07/21/2003	Computation of Tax on Non monetary (Barter) Transactions	32 V.S.A. §§ 9241,9771 &9773
28	Property Tax	02/06/2004	Non Arms-Length Transactions 2010 Act 160, sec. 24 eliminated the option to calculate a renter rebate using the allocable property tax method. Therefore this bulletin has limited relevance to claims filed after 2010.	32 V.S.A. §6071
29	Property Tax	03/08/2004	TB-29 pertained to the inclusion of tax exempt "Difficulty of Care" payment in Household Income and was replaced by Technical Bulletin 31	Superseded by TB-31
30	Sales & Use	07/07/2004	Temporary Exemption for Computers	2004 Act 121 §51
31	Property Tax	10/04/2005	Inclusion of tax exempt "Difficulty of Care" payments in Household Income	Superseded by Subsequent Legislation
32	Property Tax	Original: 05/05/2003 Revised: 07/20/2006	Appraisal of multi-family affordable residential rental property	32 V.S.A. §3481 12 U.S.C. §1701q 12 U.S.C. §1715z-1 42 U.S.C. §1437 42 U.S.C. §1437f 42 U.S.C. §1485
33	Income Tax	11/28/2006	Credit for Vermont Higher Education Investment Plan Contributions	Superseded by TB-66
34	Land Gains Tax	01/16/2007	Land Gains Tax Allocations (Supercedes Guidelines dated July 2001)	32 V.S.A. §10001 32 V.S.A. §10002 32 V.S.A. §10005
35	Income Tax	Original: 03/13/2007 Revised: 10/23/2008	Net Operating Losses	32 V.S.A. §5811(25) 32 V.S.A. §5832 32 V.S.A. §5888
36	Corporate Income Tax	03/16/2007	Intercompany Transactions in Unitary Combined Group Returns	Reg. 1.5862(d)-7(e)(5) 26 CFR 1.1502-13
37	Sales Tax	Original: 03/16/2007 Revised: 03/06/2009	Requirement to collect Local Option Sales Taxes	32 V.S.A. § 138
38	Income Tax	Original: 05/31/2007 Revised: 01/08/2009	Credit for Taxes Paid to Another State or Canadian Province	32 V.S.A. § 5825
39	Property Transfer	10/05/2007	Exemption for Transfers Made to a Corporation, Partnership or Limited LIability Company at the Time of Its Formation	Rescinded pursuant to Polly’s Properties, LLC v. Vermont Dep’t of Taxes, Docket No. 2009-124
40	Income Tax	Original: 01/07/2008 Revised: 10/07/2008	Conversion of Net Operating Loss to Separate Vermont Net Operating Loss	Reg. 1.5862(d) 32 V.S.A. § 5811(25) 32 V.S.A. § 5832 32 V.S.A. § 5888 TB-35
41	Sales and Use Tax	5/22/2008	Sales and Use Tax Holiday	2008 H.888, Section 73
42	Income Tax	6/10/2008	Adjustment to Household Income on Form HI-144 for Employment and Self-Employment Taxes Withheld or Paid	32 V.S.A. § 6061
43	Sales and Use Tax	7/01/2008	Increase in Sales and Use Tax Cap on Tracked Vehicles	Superseded by TB-52
44	Individual Income Tax	01/22/2009	Disallowance of bonus depreciation provisions of Federal Economic Stimulus Act of 2008	32 V.S.A.§5811 (21)
45	Income Tax	Original 03/23/2009 Revised: 07/14/2009 07/25/2010	Business Solar Tax Credit	For Individuals: 32 V.S.A §5822(c)(1)(B) and 5822(d) For Corporate: 32 V.S.A §5930z
46	Sales and Use Tax	06/26/2009	Sales Tax Holidays	H.442, Section 24 (2009 Legislative Season)
47	Income Tax	Original: 06/30/2009 Revised: 12/17/2009 01/08/2010	Capital Gains Treatment for 2009	32 V.S.A. §5811(21) and (26) 2009, H.442, secs. 16a, 17, and 18 2009, S.1 (Spec. Sess.), sec.22b
48	Meals and Rooms Tax	11/02/2009	Collections of Meals and Rooms Tax by Schools	32 V.S.A.§§9241, 9202(3), (6), (10)
49	Sales and Use Tax	11/27/2009	Telecommunications Services Subject to Vermont Sales Tax	32 V.S.A.§9771(5), (6) 32 V.S.A.§9701(19), (38)-(42), (44)
50	Meals and Rooms Tax Sales Tax	12/14/2009	Campgrounds	Chapter 225: Meals and Rooms Tax Chapter 233: Sales and Use Tax Regulation § 1.9202 Regulation § 1.9771(4)
51	Household Income for Property Tax Adjustment and Renter Rebate Claims	03/23/2010	Adjustments to Modified Gross Income Schedule HI-144	32 V.S.A.§6061
52	Sales Tax	06/24/2010 Revised 05/25/2012	Tax on Tracked Vehicles	32 V.S.A.§9741(38)
53	Sales and Use Tax	08/27/2010	Sales and Veterinary Supplies	32 V.S.A.§9741(3)
54	Sales and Use Tax	Original: 09/13/2010 Revised: 11/19/2010 Revised: 04/11/2011	Treatment of Computer Software and Services	32 V.S.A. §§ 9701(4),9771 & 9773
55	Income	10/07/2010	Exceptions to Requirement that Vermont Filing Status Must Mirror Federal Filing Status; Procedures for Allocation of Exemptions and Deductions for Recomputed Federal Income Tax Returns	32 V.S.A. §5811(6), (9), (10), (11); 32 V.S.A. § 5823; 32 V.S.A. § 5825; Reg. §1.5811(11)
56	Property Tax Adjustments and Renters Rebate Claims	10/27/2010	Reporting Business Income, K-1 Income, Rental Income and Capital Gain on Schedule HI-144 Household Income	32 V.S.A. §6061(4) and (5)
57	Sales and Use Tax	Original: 12/15/2010 Revision: 05/09/2011	Payment of Sales and Use Tax by Contractors	32 V.S.A. §§ 9701(4), 9743(4), 9771, 9773
58	Sales and Use Tax	01/03/2011	Application of Sales Tax to Service Contracts and Warranties	32 V.S.A. § 9701(4)
59	Corporate Income	01/03/2011	Unrelated Business Income of Exempt Corporations	32 V.S.A. § 5811(18)(D)
60	Individual Income	01/06/2011	Taxation of Gain on the Sale of Capital Assets	32 V.S.A. §5811(21)
61	Sales & Use	Updated: 03/31/2011 Revised: 05/31/2011	Entertainment charges by section 501 (c ) (3) organizations and section Section 501 (c) (4) –( 13) and (19) organizations and Political organizations as defined in 26 U.S.A. § 527 (e)	32 V.S.A. §9743
62	Sales & Use	03/31//2011	Tax on guide services and rental of recreational equipment	32 V.S.A. §9771(4)
63	Property Tax	01/03/2012	Valuation of Owner Occupied Homes Subject to Resale Restrictions	32 V.S.A. §3481
64	Property Tax	01/20/2012	State Reimbursement of Education Tax Abate Due to 2011 Flooding	2012, H.461
65	Property Tax	10/22/2012	Eligibilty of Methane Digesters as Farm Buildings in the Use value Appraisal Program	32 V.S.A. §3752, §3755, §3757
66	Income Tax	09/05/2012	Credit for Vermont Higher Education Investment Plan Contributions	32 V.S.A. §5825a

Technical Bulletins

TB #

Tax Type

Date Issued

Description

Law Reference

32 V.S.A. § 10005(a)

32 V.S.A. §9743(3)

32 V.S.A. §5836(b)

32 V.S.A. §3201(A)(6)

32 V.S.A. §5914 32 V.S.A. §5920

7

Sales Tax

07/24/1997

Sales tax on telecommunications services

Superseded by Statutory Change

32 V.S.A. §9741(38) 32 V.S.A. §9741(39)

32 V.S.A. §9741(38) 32 V.S.A. §9741(39)

32 V.S.A. §5823(b)

32 V.S.A. §9741(16)

12

Sales & Use

08/31/1998

TB-12 pertained to an imposition of sales tax on service contracts which existed briefly in 1998 and was repealed by 1999 Act 49 §71

Superseded by Statutory Change

32 V.S.A. §§9201-9281

14

Sales Tax

04/29/2002

Requirement to collect Local Option Sales Taxes (Orig. 2/99)

Superseded by TB-37

32 V.S.A. §5847 32 V.S.A. §5847(a)

16

Sales & Use

10/20/1999

Sales tax exemption for clothing

Superseded by Statutory Change

17

Sales & Use

11/18/1999

Sales tax exemption for clothing

Superseded by Statutory Change

32 V.S.A. §6061 *NOTE - does not reflect current law

32 V.S.A. §9741(3)

32 V.S.A. §6063

32 V.S.A. §3618

32 V.S.A. §5837 32 V.S.A. §5862(c)

32 V.S.A. §5841

Original: 04/17/2001

32 V.S.A. §5823(a)(1) 31 U.S.C. §3124(a)

Original: 06/03/2003

24 V.S.A. §138(b)(2)&(3)

2003 Act 67 §25

32 V.S.A. §§ 9241,9771 &9773

**2010 Act 160, sec. 24 eliminated the option to calculate a renter rebate using the allocable property tax method. Therefore this bulletin has limited relevance to claims filed after 2010.

32 V.S.A. §6071

29

Property Tax

32 V.S.A. §5914
32 V.S.A. §5920

32 V.S.A. §9741(38)
32 V.S.A. §9741(39)

32 V.S.A. §9741(38)
32 V.S.A. §9741(39)

32 V.S.A. §5847
32 V.S.A. §5847(a)

32 V.S.A. §6061
*NOTE - does not reflect current law

32 V.S.A. §5837
32 V.S.A. §5862(c)

Original:
04/17/2001

32 V.S.A. §5823(a)(1)
31 U.S.C. §3124(a)

Original:
06/03/2003