Idaho H0792 amends sales tax exemptions for occasional sales and small sellers.

Idaho H0792 revises the definition of "occasional sales" to exclude certain transfers of assets and sales of specific items. It also modifies the definition of "small seller" to clarify tax obligations and exemptions. Small sellers with gross receipts exceeding $5,000 must collect and remit sales tax. The bill declares an emergency and sets an effective date of July 1, 2026.

Idaho H0792 amends sales tax exemptions for occasional sales and small sellers.

Idaho H0792 revises the definition of "occasional sales" to exclude certain transfers of assets and sales of specific items. It also modifies the definition of "small seller" to clarify tax obligations and exemptions. Small sellers with gross receipts exceeding $5,000 must collect and remit sales tax. The bill declares an emergency and sets an effective date of July 1, 2026.