- Supreme Court’s South Dakota vs. Wayfair decision opened door for remote sellers’ sales tax obligations
- Online businesses must manage sales tax obligations in every state with nexus
- Economic nexus based on sales transactions or revenue within a state
- Physical nexus created by employees, brick-and-mortar, salespeople, service personnel, or warehoused inventory
- Taxability of products and services varies by state
- Sales tax registrations completed at department of revenue or taxation in each state
- Sales tax ID number provided during registration
- Different types of taxes may apply to remote sellers in each state
- Streamlined Sales Tax member states have a registration system for remote sellers
Source: taxconnex.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.
