In 2024, U.S. ecommerce reached $1.192 trillion, with most online purchases involving taxable goods. Sales tax rates vary across more than 13,000 jurisdictions, and the applicable rate depends on state-specific sourcing rules, typically based on the shipping address, but sometimes the seller’s or billing address. Retailers must stay compliant with each state’s rules, including how shipping fees are taxed, especially if they have nexus in multiple states.
- How is Sales Tax determined?
- What about shipping fees?
Source: www.fiscal-requirements.com
