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

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

Multi-State – States Renew Push for Taxes On Sugary Drinks

Nearly three decades after a U.S. state last imposed a special tax on sugary drinks, Connecticut’s governor is pushing for one to help close a budget deficit — and bracing for a fight. Taxes on soda and other sugar-loaded drinks Continue reading Multi-State – States Renew Push for Taxes On Sugary Drinks

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

New York – State Issues Advisory Opinion Regarding Independent Software Vendors Nexus In An Online Marketplace

Advisory Opinion TSB-A-19(1)S answers the Petitioner’s question whether, as a result of operating an online marketplace in which it facilitates taxable sales by independent software vendors (ISVs), it qualifies as a vendor for sales tax purposes and what the consequences Continue reading New York – State Issues Advisory Opinion Regarding Independent Software Vendors Nexus In An Online Marketplace

New York – SALT Limit Is Hitting 11 Million Tax Returns, Audit Finds

WASHINGTON — President Trump’s decision to cap a popular tax break will hit 11 million filers this year, as they can no longer deduct more than $10,000 in state and local taxes from their federal income taxes. This cap on Continue reading New York – SALT Limit Is Hitting 11 Million Tax Returns, Audit Finds

New York – Speeding Up Potential Online Sales Tax Collections

The coffers of New York state and its counties could reap the benefits of online sales tax collections sooner than anticipated. The amendments introduced last week to the state budget would let collections on all internet sales begin in June Continue reading New York – Speeding Up Potential Online Sales Tax Collections

New York – Cuomo Looking To Speed Up Online Sales Tax Proposal

ALBANY, N.Y. (WHEC) — Governor Andrew Cuomo is looking to speed up his online sales tax proposal. The new push would allow the state to collect tax on all online sales starting in June, instead of September. Right now, only Continue reading New York – Cuomo Looking To Speed Up Online Sales Tax Proposal