The Department of Revenue ruled that an out-of-state vendor that drop shipped a manufacturer’s products from the manufacturer to customers within Missouri was required to collect and remit Missouri sales tax on its drop shipment transactions.
Effective January 1, 2023, a remote seller or a marketplace facilitator with gross receipts from taxable sales of tangible personal property exceeding $100,000 in the previous or current calendar year is required to register and collect vendor’s use tax.
Source: KPMG
Latest Posts in "United States"
- Understanding U.S. Sales Tax: A Comprehensive Guide
- New Jersey mediation program for corporation business tax and sales and use tax opens October 1
- US Supreme Court will hear oral arguments in tariff case in early November 2025; opening briefs due soon
- A 15% tariff is painful. A trade war would be worse
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements