Black Friday and Cyber Monday 2020 were record-breaking shopping days, further showing that e-commerce is not “a phase” and will likely continue to be a central aspect to daily operations for businesses. Black Friday online sales increased by nearly 22% to $9 billion, while Cyber Monday sales increased nearly 15% from 2019 – $10.8 billion […]
With their Fall (2020) Economic Statement, Canada appears ready to take some important steps in joining much of the rest of the world in recognizing the dramatic shift in the fundamentals of indirect tax compliance by enacting rules effective July 1, 2021 which would: Abandon their traditional “carrying on business” test for determining whether a […]
Should we move our tax engine to the cloud or keep it on-premise? This conversation is taking place in many organizations as they assess their approach to sales tax management. In this three-part series, we’ll explore some of the problems IT is working through to maintain on-premise solutions that may not always be visible to […]
When the Supreme Court decided on the South Dakota v. Wayfair, Inc. case, it pushed almost every state to adopt or adjust economic nexus standards. However, the decision did not necessarily impact states without sales tax, such as New Hampshire. As such, there is currently no economic nexus in New Hampshire. Enforcement date: N/A Sales/transactions […]
After the South Dakota v. Wayfair, Inc. decision, numerous states made adjustments to their economic nexus law. Iowa’s governor signed a state tax reform bill on May 30, 2018, which expanded on the definition of businesses that must collect Iowa sales tax and local option tax to include certain remote sellers. We have highlighted the […]
When the Supreme Court ruled on South Dakota v. Wayfair, Inc., remote sellers and marketplace facilitators across the country had to make changes in how they collected and remitted sales tax. The Nevada economic nexus law is one example of a state modifying its requirements for both remote sellers and marketplace facilitators in relation to […]
Following the South Dakota v. Wayfair, Inc. decision, the majority of states enacted legislation on how remote sellers and marketplace facilitators must collect and remit sales tax. However, Oregon has no economic nexus because it does not have a sales tax. Enforcement date: N/A Sales/transactions threshold: N/A Measurement period: N/A Included transactions/sales: N/A When You […]
After the South Dakota v. Wayfair, Inc. decision, almost every state incorporated changes to how remote sellers must collect and remit sales tax. However, Missouri has not yet finalized legislation relating to an economic nexus sales tax. While Missouri has introduced several bills aimed at enacting economic nexus rules, none have become law. But this […]
Following the South Dakota v. Wayfair, Inc. decision, almost every state has adjusted its sales tax nexus. The Tennessee economic nexus is no exception. Initially, Tennessee required remote sellers with $500,000 or more in sales to Tennessee customers to register and collect Tennessee sales and use tax. However, as of October 1, 2020, the threshold […]
The West Virginia sales tax nexus changed after the South Dakota v. Wayfair, Inc. decision. Effective January 1, 2019, remote sellers that have no physical presence in the state must now register, collect and remit sales and use taxes in West Virginia should they meet the threshold or transaction amount. In addition to the remote […]
Prior to the South Dakota v. Wayfair, Inc. decision, Rhode Island had already enacted legislation related to economic nexus and remote sellers. Effective August 17, 2017, remote sellers needed to comply with certain registration or notice requirements depending on whether the seller qualified as a “non-collecting retailer,” a “retail sale facilitator,” or a “referrer.” Depending […]
How much can I expect to spend on holiday shopping this year? Well, that may depend on where you live and shop. You see, your location can play a huge role in dictating the final price of an item. This is due to the fluctuation in sales tax rates across the country at both the […]
This blog was last updated on July 19, 2024. The South Dakota v. Wayfair, Inc. Supreme Court decision allowed states to require sellers with no physical presence to collect and remit sales tax if they have an economic nexus with the taxing state. Indiana responded by enacting an economic nexus law like the one upheld […]
While there is no state-wide Alaska sales tax, numerous local cities and boroughs have their own sales tax ordinances. After the South Dakota v. Wayfair, Inc. decision, several of these local governments established the Alaska Remote Seller Sales Tax Commission and adopted the Uniform Alaska Remote Seller Sales Tax Code to have a system to […]
Idaho is one of many states to impose collection requirements on sellers with economic nexus following the South Dakota v. Wayfair, Inc. decision. The details of the Idaho economic nexus standard are found below. Enforcement date: June 1, 2019. Sales/transactions threshold: $100,000. Measurement period: Threshold applies to the previous or current calendar year. Included transactions/sales: […]
The South Dakota v. Wayfair, Inc. decision paved the way for many states to implement economic nexus requirements. Prior to Wayfair, Alabama had its own “economic nexus” collection requirement under Rule 810-6-2-.90.03. With Wayfair, Alabama no longer has a constitutional obstacle to enforcing its rule. Below, we’ve highlighted the major points of the Alabama economic […]
Following the South Dakota v. Wayfair, Inc. decision, the majority of the country has started to adopt its own economic nexus laws on a state-by-state basis. However, there are a small number of states that have not enacted any such legislation. For example, there is no sales tax nexus in Montana because Montana has no […]
We’ve previously discussed the Louisiana economic nexus sales tax, and how remote sellers will need to collect and remit all state and local sales taxes on their sales into the state once certain thresholds are met. In the wake of South Dakota v. Wayfair, Inc., the state created a new Louisiana Sales and Use Tax […]