North Carolina – Online educational content is exempt from North Carolina sales tax

On June 5, 2020, measure HB 1079 , exempting digital educational content from North Carolina sales tax was signed into law. An educational service is not taxable digital property The bill clarifies that, as of the effective date of the Continue reading North Carolina – Online educational content is exempt from North Carolina sales tax

North Carolina- Legislature Approves Sales and Use Tax Exclusion for Digital Educational Services

House Bill 1079 clarifies current tax law to make digital educational content exempt from sales tax. North Carolina HB 1079 has been approved by both houses of the legislature and now awaits the Governor’s signature. In particular, the bill would Continue reading North Carolina- Legislature Approves Sales and Use Tax Exclusion for Digital Educational Services

North Carolina – As Coronavirus Keeps People Home, North Carolina Gas and Sales Tax Revenues Plummet

The N.C. Department of Transportation will lose more than a third of its expected revenue over the next three months because of the coronavirus outbreak, according to Bobby Lewis, the department’s chief operating officer. Lewis told the Board of Transportation Continue reading North Carolina – As Coronavirus Keeps People Home, North Carolina Gas and Sales Tax Revenues Plummet

NORTH CAROLINA – Why The North Carolina Digital PropertyTax Matters

In North Carolina, for example, the State Legislature recently made several clarifying changes to its sales and use tax law that are worth noting. North Carolina’s Senate Bill 253 removes the phrase “would be taxable … if sold in a Continue reading NORTH CAROLINA – Why The North Carolina Digital PropertyTax Matters

North Carolina – State To Tax Certain Digital Property Starting in October 2019

In the last decade, buying habits have shifted dramatically to keep pace with new technologies. Though sales of printed books are experiencing a resurgence, electronic books have a solid market share; sales of streamed music now dwarf digital and vinyl Continue reading North Carolina – State To Tax Certain Digital Property Starting in October 2019

North Carolina – City Officially Supports Sales Tax Proposal For Schools

The Goldsboro City Council expresses its support for the proposed sales tax increase that would benefit Wayne County schools.  Tuesday, the city council unanimously approved a resolution supporting the one-quarter-of-one-cent sales and use tax referendum that will be on the Continue reading North Carolina – City Officially Supports Sales Tax Proposal For Schools

Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

June 21, 2019 – One year since Wayfair – Anniversary Update. On this one year anniversary of the landmark decision virtually all states have responded with their enforcement intentions. The tax imposition is now retroactive. A Wayfair Process Review is Continue reading Multistate – Wayfair Economic Nexus (ENexus) Anniversary Thresholds as of June 21, 2019

Quantum Sales Tax

United States – Memorial Day May 27, 2019

ENexus Thresholds February 21, 2019

ENexus Thresholds As Of February 21, 2019 Ref No. State Enforcement Date Dollars of Sales Number of Sales ENexus Threshold 1 TN 1/1/2017 $500,000 0 500/0 2 RI 8/1/2017 $100,000 200 100/200 3 MA 10/1/2017 $500,000 100 500/100 4 OH Continue reading ENexus Thresholds February 21, 2019