Agreement requirements. The State Tax Assessor may not enter into the agreement unless the agreement requires each state to abide by the following requirements. [PL 2001, c. 496, §1 (NEW).] 1. Uniform state rate. The agreement must set restrictions to achieve over time more uniform state rates through: A. Limiting the number of state rates; [PL 2001, c. 496, §1 (NEW).] B. Limiting the application of maximums on the amount of state tax that is due on a transaction; and [PL 2001, c. 496, §1 (NEW).] C. Limiting the application of thresholds on the application of state tax. [PL 2001, c. 496, §1 (NEW).] [PL 2001, c. 496, §1 (NEW).]
Appears in 9 contracts
Sources: Uniform Sales and Use Tax Administration Act, Uniform Sales and Use Tax Administration Act, Uniform Sales and Use Tax Administration Act