WASHINGTON – New Law Updates Washington State Tax Requirements For Out-Of-State Businesses

OLYMPIA, Wash. – Last week, Gov. Jay Inslee signed a bill that simplifies Washington tax responsibilities for out-of-state sellers without a physical presence in the state.

Substitute Senate Bill 5581 immediately removes the requirement for out-of-state businesses without a physical presence to collect and remit Washington sales tax if they make 200 or more transactions into Washington. Businesses will use $100,000 in sales to Washington as the primary threshold for collecting.

Beginning July 1, the bill eliminates the notice and reporting requirements established in the state’s 2018 Marketplace Fairness law.

On Jan. 1, 2020, the economic nexus threshold for B&O tax will match the retail sales tax threshold of $100,000. The threshold for retail sales tax and B&O tax will be calculated using all gross income, not just retail sales.

The bill also eliminates click-through nexus and most import commerce exemptions.

For The Full Story: AJOT

American Journal of Transportation
March 19, 2019


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