Prior to July 1, 2022, businesses needed to have separate sales and use tax permits and file separate returns for sales tax, retailer’s use, and consumer’s use tax. Going forward, businesses will report sales and use taxes on a single, consolidated return and will need only one permit for both sales and use tax.
Source: KPMG
Latest Posts in "United States"
- Washington State to Tax Advertising and Retail Services Starting October 2025
- Vernon, Alabama Raises Local Sales and Use Tax Rates Effective October 2025
- Florida Eliminates Sales Tax on Commercial Real Estate Leases Effective October 2025
- Are Meal Subscription Boxes Subject to Sales Tax? Understanding Taxability by State
- Most New Jersey Voters Strongly Oppose Expanding or Raising State Sales Tax, Poll Finds
