The South Dakota v. Wayfair, Inc. decision pushed changes in many state economic nexus laws, including in South Carolina. The state enacted regulation similar to what was laid out in South Dakota, but there are a few key differences. We have outlined those important changes in the following blog post. Enforcement date: November 1, 2018. […]
Prior to the South Dakota v. Wayfair, Inc. decision, Nebraska could not require remote sellers to collect sales tax on sales made to customers in the state. However, there is now a Nebraska economic nexus following the Wayfair decision. The Nebraska Department of Revenue explains that this does not create a new tax, but just […]
Pennsylvania’s economic nexus rules were impacted by the South Dakota v. Wayfair, Inc. Supreme Court decision. Pennsylvania passed Act 13-2019, which suspended its previous Marketplace Sales laws and determined “that a substantial economic nexus satisfies the Tax Reform Code’s definition of maintaining a place of business, requiring a person to collect and remit Pennsylvania’s sales […]
The Utah economic nexus sales tax was adjusted following the South Dakota v. Wayfair, Inc. Supreme Court decision. Utah now requires remote sellers to register, collect and pay sales tax if, in either the previous or the current calendar year, certain thresholds are met. We have outlined key points in those changes below. Enforcement date: […]
Almost every state has updated its sales tax nexus requirements following the South Dakota v. Wayfair, Inc. decision. Wisconsin followed suit with the majority of the country and adopted legislation that was in line with the details of the Wayfair decision. We have outlined the key points to the Wisconsin sales tax nexus below. Enforcement […]
When it comes to sales tax nexus updates, Wyoming was ahead of the curve. The Cowboy State passed rules requiring remote sellers to collect and remit sales tax even before the Supreme Court’s South Dakota v. Wayfair, Inc. decision. However, Wyoming had to stay implementation of those rules until the Court made its ruling. Below […]
After the South Dakota v. Wayfair, Inc. decision, Vermont expanded sales tax collection requirements to include remote sellers. The Green Mountain State largely followed suit with South Dakota’s requirements outlined in the Supreme Court case, maintaining that a business that meets either a certain monetary or a transactional threshold has an obligation to collect and remit […]
The South Dakota v. Wayfair, Inc. decision pushed many states – including North Dakota – to adjust their economic nexus laws. North Dakota had previously passed a law in 2017 to address remote seller sales tax, but it was contingent on the Wayfair ruling. We have outlined key points on North Dakota’s economic nexus in […]
Sovos recently hosted a webinar with Joe Hillstead, a tax and advisory partner with Squire & Company (Squire). Squire works with Sovos to support the sales tax needs of its clients. In the webinar, Hillstead and Charles Maniace, VP, Regulatory Analysis and Design, Sovos, discussed issues such as: knowing when to partner with a Certified […]
Are you ready to submit and file a compliant sales tax return? Think you already know everything there is to know about the process? Whether you are a veteran to sales tax filings or are looking to file for your business for the first time, it never hurts to double check that everything is in […]
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 […]