Specifically, the definition of a marketplace facilitator would be revised to capture marketplaces that facilitate sales of tangible personal property, taxable services, and other taxable transactions. Furthermore, marketplace facilitators electing to collect sales tax in lieu of complying with use tax reporting requirements would be required to collect other taxes that are levied by local jurisdictions.
Source: KPMG
Latest Posts in "United States"
- Sales Tax Automation: Why Software Alone Can’t Ensure Complete Compliance and Risk Management
- Navigating the Ever-Changing Patchwork of U.S. Sales Tax Rates for E-Commerce Businesses
- Understanding Sales Tax Nexus: When Your Business Must Collect and Remit Across States
- South Carolina Rules Scaffolding Use by Insulation Contractors Is Not a Taxable Rental
- Juneau Approves Sales Tax Exemptions for Essential Foods and Residential Utilities


 
        		 
        	











