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SB 679 - Current law allows for a seller to retain two percent of the amount of sales taxes due to the Department of Revenue if such seller remits such sales taxes on or before the due date. This act reduces the allowance to one percent. (Section 144.140) This provision is similar to a provision contained in HB 1601 (2018), HB 2502 (2018), and HB 2691 (2018). Current law also allows for an employer to retain one-half, one, or two percent of withholding taxes due to the Department of Revenue if such employer remits such withholding taxes on or before the due date. This act reduces the allowance to one-quarter, one-half, or one percent, depending on the amount of withholding tax remitted. (Section 143.261) This provision is similar to a provision contained in HB 1601 (2018), HCS/HB 1964 (2018), HB 2502 (2018), and HB 2691 (2018). JOSHUA NORBERG
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