State and local tax news brought to you by Zaldivar and Associates
16 states have a special provision in their marketplace facilitator laws that put marketplaces on the hook for sales tax collection if the business provides the option to pay with virtual currency to customers, according to Bloomberg Tax data. Marketplace Continue reading MULTI-STATE – 16 States Add Specific Laws Onto Marketplace Sales Tax
This Act may be cited as the ‘‘Online Sales Simplicity and Small Business Relief Act of 2019’’. A State may not impose a sales tax collection duty on a remote seller for any sale that occurred prior to June 10 Continue reading MULTI STATE – Federal Online Sales Tax Bill: Online Sales Simplicity and Small Business Relief Act of 2019
Would create exemption for small businesses WASHINGTON – Sens. Ron Wyden and Jeff Merkley, D-Ore., this week reintroduced legislation that would stop states with a sales tax from creating red tape for small businesses as a result of last year’s Continue reading Multi-State – Wyden, Merkley Try Again On Online Sales Tax Bill
Hundreds of localities and one state made 335 changes in their standard sales tax rate in the first half of 2019, a 5 percent increase from the same period last year, according to a new report. The report, from the Continue reading Multi-State – Sales Tax Changes Accelerated This Year
A Tax Foundation report calls the holidays a ‘political gimmick.’ SALES TAX HOLIDAYS, where states temporarily remove state and sometimes local taxes from certain products, are not actually beneficial to the economy and low-income residents, according to a recent study by the Tax Continue reading Multi-State – Study: Sales Tax Holidays Don’t Help States’ Economies
More than 35 states have introduced bills or passed laws over the last year that would permit the collection of sales and use tax on remote transactions previously excluded from state taxation. Recognizing the novel attributes of internet commerce, these Continue reading MULTI STATE – Wayfair V.S. South Dakota Ruling Impacts remote Commerce Laws
There are 45 states (plus Washington, D.C.) that have a general sales tax, and almost all of them require out-of-state sellers that do a certain amount of business in the state to collect and remit sales/use tax. How long before Continue reading Multi-State – Online Sales Taxes: Will Every State Tax Out-Of-State Sellers By End Of 2019?
How would you like to get a discount of 4% (or substantially more) on your back-to-school shopping, on top of whatever seasonal promotion a retailer might offer? Plan ahead and you could. Seventeen states have annual sales tax holidays, when Continue reading Multi-State – Guide to State Sales Tax Holidays, 2019
Almost one year ago, the seminal United States Supreme Court ruling in South Dakota v. Wayfair, Inc. (June 21, 2018) shattered a long-standing physical presence rule that prevented states from imposing a sales tax collection obligation on out-of-state sellers. Now, Continue reading Multi State – Wayfair And SST Converge To Shape Remote Sales Tax Legislation
State sales taxes on business-to-business purchases accounted for 41.7 percent of state and local sales taxes, according to a new study by Ernst & Young. The study was done on behalf of the Council On State Taxation, or COST, a trade group Continue reading Multi-State – State Sales Taxes On Business Purchases Deemed Too High In New Study