VATupdate

Share this post on

States with local economic nexus – a review

Given the complexity that already exists regarding sales tax, it’d be great if states were the only jurisdictions that levied them.

Local sales are becoming an increasing burden for online sellers as cities, counties and towns nationwide constantly tinker with their own sales taxes and other jurisdictions create new economic nexus rules.

Accurately collecting, reporting and remitting is a major, ever-changing challenge for online sellers.

Source: taxconnex.com

Sponsors:

VAT news
VAT news

Advertisements: