VATupdate

Share this post on

Don’t forget physical nexus!

The Sales Tax Institute claims that one of the biggest misconceptions in the wake of the Supreme Court’s Wayfair decision is tax-collection requirements triggered by physical nexus (aka “physical presence”) no longer apply. In fact, physical nexus remains the first consideration in whether a business is legally bound to collect and remit states’ taxes. 

Source: taxconnex.com

Sponsors:

VAT news
VAT news

Advertisements: