When Massachusetts Governor Charlie Baker issued his Fiscal Year 2021 budget proposal in late January, he proposed several ideas purporting to modernize Massachusetts sales tax by recognizing the growing importance of technology and computing power in tax compliance. The ideas are interesting to say the least.
Idea #1 – Shorter Time from Collection to Remittance
Idea #2 – Real Time Remittance
Idea #3 – Anti-Zapper Rules
Source: Sovos
Latest Posts in "United States"
- Norway’s EV Revolution: What Happens When Electric Cars Dominate and Incentives Fade
- The Supreme Court’s IEEPA tariffs ruling is coming
- California Faces New Wave of Local Sales Tax Hikes Amid Legal Loopholes and Voter Confusion
- New Hampshire Launches Tax Amnesty Program Covering Multiple Tax Types, Waives Penalties and Reduces Interest
- Nevada Moves Sales and Use Tax Return Due Date to the 20th of Each Month
