According to a statement released by the Nevada Department of Taxation, the state is imposing collection requirements for remote sellers, who do not have physical nexus, making sales of tangible personal property into Nevada. As of October 1, sellers who had in excess of $100,000 in gross revenue from retail sales into Nevada, or who conducted 200 or more retail sales into the state in the current or preceding year are required to collect sales and use tax.
Nevada Adopts Post-Wayfair Regulations
Sovos
October 5, 2018
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Sovos
Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.
More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.
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