- New Jersey ranks 49th on State Tax Competitiveness Index
- New Jersey faces significant fiscal shortfall
- New Jersey lawmakers have implemented unsound tax policies
- Utah ranks 16th on State Tax Competitiveness Index
- Both New Jersey and Utah aim to reform economic nexus rules
- Supreme Court decision in South Dakota v. Wayfair changed sales tax collection rules
- New economic nexus rules require remote sellers to collect and remit sales taxes
- Counting transactions can impact small and medium-sized sellers unfairly
Source: taxfoundation.org
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.
