New York – State Issues Technical Memorandum-Sales Tax Collection Requirements for Marketplace Providers

The Tax Law has been amended to require marketplace providers to collect sales tax on taxable sales of tangible personal property that they facilitate for marketplace sellers. These amendments apply to sales made on or after June 1, 2019. TSB-M-19(2)S Continue reading New York – State Issues Technical Memorandum-Sales Tax Collection Requirements for Marketplace Providers

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United States – Memorial Day May 27, 2019

New York – State Tax Revenues Plummet by $3.7 Billion

New York state tax revenues fell by $3.7 billion, or 4.7 percent, last year — the largest collapse since the 9/11 attacks — but officials downplayed the significance. Trying to find a bright side, state Comptroller Thomas DiNapoli said things Continue reading New York – State Tax Revenues Plummet by $3.7 Billion

New York- Online Shoppers Will Soon Have to Pay Sales Tax in New York

A resolution included in this year’s state budget calls for the so-called marketplace provider tax, which takes effect in June. All online retailers will be required to collect sales taxes when customers in the Empire State make purchases – preventing Continue reading New York- Online Shoppers Will Soon Have to Pay Sales Tax in New York

New York – Online Sales Tax Expected to Net $540M Annually for New York

Online shoppers in New York will soon take a hit in their wallets under a new law that forces out-of-state retailers to collect sales tax from Empire State customers. The just-passed state budget includes a new online “marketplace provider” tax Continue reading New York – Online Sales Tax Expected to Net $540M Annually for New York

New York – New York Gets An Internet Sales Tax

A marketplace provider tax made it into New York’s $175.5 billion budget Among the line items in New York state’s $175.5 billion budget – the final details of which were agreed upon by leaders of the Assembly, state Senate and Gov. Andrew Cuomo Continue reading New York – New York Gets An Internet Sales Tax

New York – New York State Imposes Tax on Marketplace Providers

On March 31, the New York State Legislature and Gov. Andrew Cuomo signed a $175 billion budget, which, among other things, significantly changes the legal obligations regarding sales tax collection for “internet marketplace providers.” According to the New York Times, the budget Continue reading New York – New York State Imposes Tax on Marketplace Providers

New York – This New York Internet Sales Tax Would Hurt Small Businesses

In barely more than two decades, the ability to conduct routine commerce over the Internet has revolutionized how we shop and how we pay for what we buy. Online commerce also has restructured the physical side of retailing; you can Continue reading New York – This New York Internet Sales Tax Would Hurt Small Businesses

New York – State Issues Advisory Opinion On Monitoring Services Taxability

Advisory Opinion TSB-A-11(26)S – Petitioner asks whether it is required to collect sales tax on the receipts from the sale, lease, installation or repair of fire and burglar alarms, closed circuit television systems, and from the sale of monitoring services. Continue reading New York – State Issues Advisory Opinion On Monitoring Services Taxability