- Complex Sales Tax Landscape: Selling products/services in the US presents significant opportunities but also complexities due to each state having its own sales tax rules, varying tax rates, exemption categories, and reporting requirements, with local jurisdictions also having authority over tax regulations.
- Understanding Nexus: Sales tax nexus, defined as a connection between a business and a taxing jurisdiction, can be established through physical presence (e.g., employees, offices) or economic presence (e.g., sales revenue or transaction volume), particularly following the South Dakota vs. Wayfair, Inc. case that expanded nexus definitions.
- Economic Nexus Thresholds: Many states have adopted economic nexus standards requiring out-of-state businesses to collect sales tax if they exceed specific revenue thresholds (typically around $100,000) or transaction counts (often 200 transactions), which can vary significantly between states.
Source Taxconnex
Latest Posts in "United States"
- US Postpones Tariffs on Pharmaceuticals and Wooden Products
- Washington, D.C. Increases Sales Tax to 6.5% on Goods and Services Starting October 2025
- Sitka, Alaska Declares Sales Tax-Free Days for Black Friday Weekend, November 28-29, 2025
- Florida Introduces Extended Sales Tax Holiday for Firearms and Outdoor Gear, September-December 2025
- Rhode Island Implements 7% Sales Tax on Short-Term Parking in Lots and Garages