When Massachusetts Governor Charlie Baker issued his Fiscal Year 2021 budget proposal in late January, he proposed several ideas purporting to modernize Massachusetts sales tax by recognizing the growing importance of technology and computing power in tax compliance. The ideas are interesting to say the least.
Idea #1 – Shorter Time from Collection to Remittance
Idea #2 – Real Time Remittance
Idea #3 – Anti-Zapper Rules
Source: Sovos