The year opened right after the second annual TaxConnex survey. Almost three out of four respondents reported that online sales as a percentage of revenue had increased since 2019 – no doubt fueled by pandemic eCommerce. Heading into the new year, state sales tax revenues were up coast to coast, often by double-digit percentages. Add that U.S. online retail sales in the 2021 holiday season had jumped 11% over 2020 and you had the foundation set for a banner 2022 for eCommerce – and online sales tax.
Source: taxconnex.com
