VATupdate

Share this post on

States Drop Transaction Thresholds: What Small Online Sellers Need to Know About Sales Tax Changes

  • Many states are eliminating 200-transaction thresholds and using only dollar-based economic nexus standards for sales tax.
  • This change reduces compliance burdens and benefits small and micro-sellers, especially those with high transaction counts but low revenue.
  • Transaction thresholds previously forced small sellers to register and file taxes in multiple states even with minimal sales revenue.
  • States like Utah and Indiana have recently removed their transaction thresholds.
  • Small businesses should reassess their tax obligations and consider professional help to ensure compliance and avoid unnecessary filings.

Source: salestaxsolutions.us

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.



Sponsors:

Pincvision

Advertisements:

  • Pincvision