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States Begin Addressing Sales Tax Effects of Cessation of Penny Production
May 1, 2026ArticleStates Begin Addressing Sales Tax Effects of Cessation of Penny Production
May 1, 2026The U.S. Treasury’s decision to stop producing pennies has led to a shortage, requiring retailers in states with sales taxes to round up or down if they lack the pennies necessary to provide customers with exact change. Many states have begun issuing guidance on the topic.
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