Thanks to the South Dakota v. Wayfair supreme court ruling, businesses that previously had no requirement to register and collect sales tax must now comply with multi-jurisdictional laws and stay up-to-date on tax rate and law changes. Applying for a sales tax permit in each nexus state is a crucial compliance step. There are a lot of intricacies involved in this process – especially for remote sellers, e-commerce companies, non-US-based organizations with inbound US sales, and companies with limited nexus obligations.
Source: lumatax.com
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