- Small sellers with low-value transactions will face fewer compliance burdens.
- Only sellers exceeding USD 100,000 in gross revenue will need to collect and remit sales tax.
- The transaction threshold did not account for the value of goods sold.
- The threshold placed an unfair tax burden on small sellers with many low-value transactions.
- Both states are moving toward implementation of the changes.
- Official decisions are expected soon.
- Remote sellers exceeding the 200-transaction threshold must still register for sales and use tax in both states.
- Foreign sellers shipping to these states will also benefit from the removal of the transaction threshold.
Source: vatabout.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.
