- Georgia Governor Brian Kemp signed legislation (SB 56) requiring sales tax on in-state sales of digitally downloaded products
- Law effective January 1, 2024, applies to books, video games, music, artwork, and photographs
- Aim is to ensure parity between online digital purchases and local store sales
- Law only applies to sales where buyer retains possession of digital product
- Georgia expects $80 million increase in state revenue from new law
- Bennett Thrasher can help businesses determine sales tax requirements and compliance solutions
- Specialist advice recommended for specific circumstances
Source: mondaq.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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