Multi-State – Changing The State And Local Tax Nexus Playing Fields

An Update on the Impact of Wayfair One of the major state and local tax developments that CPAs have been dealing with is the Supreme Court’s decision on June 21, 2018, in South Dakota v. Wayfair, Inc., 585 U.S. ___ (2018), and Continue reading Multi-State – Changing The State And Local Tax Nexus Playing Fields

Indiana – State Enacts Marketplace Nexus Legislation

Indiana has enacted legislation with marketplace nexus provisions, effective July 1, 2019. Per the legislation, a marketplace facilitator is required to collect Indiana sales tax if the facilitator meets Indiana’s economic nexus threshold of $100,000 or 200 transactions even if the retailer Continue reading Indiana – State Enacts Marketplace Nexus Legislation

Idaho – State Enacts Economic and Marketplace Nexus Legislation (Update)

Effective Date: June 1, 2019 Threshold: $100,000 Measurement Date: Previous or current calendar year Includable Transactions: Gross sales When You Need to Register Once You Exceed the Threshold: Next transaction (state doesn’t specify) Idaho has enacted legislation with economic nexus and marketplace nexus provisions, effective Continue reading Idaho – State Enacts Economic and Marketplace Nexus Legislation (Update)

Illinois – Residents Can Expect To Pay Higher Taxes When Shopping Amazon And Etsy Next Year. Here’s Why.

Shopping online would get more expensive for Illinois residents under a new measure passed by the state’s General Assembly that changes the way online sales are taxed. The changes would require online marketplaces, like Etsy and eBay, to collect state Continue reading Illinois – Residents Can Expect To Pay Higher Taxes When Shopping Amazon And Etsy Next Year. Here’s Why.

Tennessee – New Guidance: Post Wayfair Sales Tax Collection By Out-Of-State Dealers

The  Tennessee Department of Revenue has updated information about sales tax collection from out-of-state dealers post South Dakota v. Wayfair.  Please see the links below for more information:  Notice #19-04 Post-Wayfair Collection by Out-of-State Dealers (June 2019) Notice #19-05 Local Sales Tax Continue reading Tennessee – New Guidance: Post Wayfair Sales Tax Collection By Out-Of-State Dealers

Ohio – Amazon’s huge impact On Ohio’s sales tax base: Numbers Behind The News

CLEVELAND, Ohio – While Amazon famously paid no federal income taxes on its $11.2 billion in profits last year, it continues to be a big-time tax collector for Ohio and other states – the result of agreeing to start collecting sales taxes Continue reading Ohio – Amazon’s huge impact On Ohio’s sales tax base: Numbers Behind The News

South Carolina – State Finalizes Economic and Marketplace Nexus Ruling (Update)

Effective Date: November 1, 2018 Threshold: $100,000 Measurement Date: Previous or current calendar year Includable Transactions: Gross sales When You Need to Register Once You Exceed the Threshold: The first day of the second calendar month after economic nexus is established The South Carolina Department Continue reading South Carolina – State Finalizes Economic and Marketplace Nexus Ruling (Update)

Multi-State – Amazon Continues To Shrink Retail Operations

Sellers are once again alarmed at perceived moves to hustle them onto the Marketplace — but that might be good for everyone. Vendors that to varying degrees depend on Amazon for their wholesale revenue were once again shaken last week Continue reading Multi-State – Amazon Continues To Shrink Retail Operations

Multi-State – Georgia, Arizona Legislatures Consider Economic Nexus and Marketplace Facilitator Laws

A bill that would require online retailers and marketplace facilitators to collect and remit sales tax in Arizona was introduced in the state’s House of Representatives on Wednesday, February 13. Meanwhile, on Monday, March 4, the Georgia House of Representatives Continue reading Multi-State – Georgia, Arizona Legislatures Consider Economic Nexus and Marketplace Facilitator Laws

Quantum Sales Tax