Maine Revised Statutes Title 36 Sec. 7123 – Purpose and intent
Current as of: 2023 | Check for updates
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Terms Used In Maine Revised Statutes Title 36 Sec. 7123
- Agreement: means the Streamlined Sales and Use Tax Agreement. See Maine Revised Statutes Title 36 Sec. 7122
- State: means any state of the United States or the District of Columbia. See Maine Revised Statutes Title 36 Sec. 7122
- Tax: means the total amount required to be paid, withheld and paid over or collected and paid over with respect to estimated or actual tax liability under this Title, any credit or reimbursement allowed or paid pursuant to this Title that is recoverable by the assessor and any amount assessed by the assessor pursuant to this Title, including any interest or penalties provided by law. See Maine Revised Statutes Title 36 Sec. 111
The Legislature finds that this State should enter with one or more states into the agreement in order to simplify and modernize sales and use tax administration and to substantially reduce the burden of tax compliance for all sellers and for all types of commerce. [PL 2001, c. 496, §1 (NEW).]
SECTION HISTORY
PL 2001, c. 496, §1 (NEW).