VATupdate

Share this post on

Rapid rise of online sales could trigger new sales tax collection requirements for sellers

Ecommerce sales in the United States increased by more than 37% year over year during the third quarter of 2020, according to new data from the U.S. Census Bureau. That means nearly $1 out of every $5 spent between July 1 and September 30 was spent online. The fourth quarter could see even more impressive gains, given the holidays and the fact that Amazon moved its 2020 Prime Day sales event from July to October this year.

Source: Avalara

Sponsors:

VAT news
VAT news

Advertisements: