Sales Tax On Electricity: Does Your Business Really Owe It…Or Not?
As utilities auditors and consultants, one of the most common overcharges we encounter is in the area of sales tax. Our consultancy is in New York State, where some commercial uses of electricity are taxable and some are not. Yet we find that many non-taxable uses of electricity are taxed, anyway. Evidently electric companies — at least some of them — elect to play it safe: when in doubt they collect the tax and turn it over to the taxing authority, whether its owed or not.
Many business managers and financial people, who watch most costs like hawks, routinely approve electricity bills without knowing for certain whether the charges are correct. They dont understand electricity bills, so they assume electric companies do the correct thing, and that their bills are error-free.
Not so. We encounter all kinds of errors and overcharges — real whoppers, some of them — even going back decades, with improper sales tax charges high on the list. (See Electricity For Less: How Your Business Can Cut Costs And Stop Overcharges at...
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