The Kansas legislature on May 3, 2021, voted to override the governor’s veto of Senate Bill 50.
Senate Bill 50 includes measures to: (1) decouple from various provisions of the federal tax law enacted in 2017 (the law that is often referred to as the “Tax Cuts and Jobs Act” (TCJA) (Pub. L. No. 115-97)); and (2) require marketplace facilitators (as defined) to collect and remit taxes if they meet or exceed the new economic nexus provisions.
Source KPMG
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