Vending Machine Owners in Vermont
Category : Vending
The committee of tax-writing within the Vermont House has approved a new series of tax levies that specifically target candy, soda and vending machine sales.
This round of tax increases is expected to raise almost $9 million in the fiscal year that starts July 1 and nearly $12 million the year after that.
The House Ways and Means Committee votedto apply Vermont’s 6 percent sales tax to soda and candy for the first time. Sales from vending machines would be subject to the state’s 9 percent meals tax.
The Senate Finance Committee is working on its own package of tax changes, and the differences likely will have to be worked out in a legislative conference committee.
If you do own vending machines in Vermont, it would be a good idea to contact an official with tax knowledge to confirm how this affects your business. It is unclear if this will apply to bulk vending and quarter machines or just candy snack machines selling items over .50.