States went into the pandemic fearing massive budget shortfalls but are emerging with budget surpluses fed by sales taxes collected from online sales. They will be looking for more through sales tax collection enforcement. Bob Peters of Duff & Phelps, a Kroll business, outlines practical solutions for sellers in Part 2 of a two-part article. Part 1 of the article examined taxability determinations.
Source: bloombergtax.com
Latest Posts in "United States"
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements
- Washington Issues Tax Guidance for Pre-October 2025 Service Contracts Affected by New Legislation
- State-by-State Guide: Is Restaurant Food Taxable? Understanding Sales Tax on Prepared Meals
- Louisiana Sales and Use Tax on Digital Products and Services: August 2025 Update
- Illinois DOR Releases Updated Guidance on Destination-Based Sales Tax Collection and Remittance