- The Streamlined Sales Tax Project (SSTP) simplifies sales tax compliance for businesses.
- SSTP aims to reduce the burden on businesses by creating uniform standards and practices.
- SSTP encourages states to adopt uniform tax codes, definitions, and administrative rules.
- SSTP focuses on uniform definitions, simplified tax rates, centralized registration, technology solutions, and audit simplification.
- 23 states have implemented the streamlined sales tax system.
- These states have agreed to align their sales and use tax laws with the SSTP standards.
- Tennessee is the only associate member state.
Source: taxually.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.
