Amazon completed its 180-degree turn on sales tax policy this week, agreeing to voluntarily collect sales and use tax in every state that imposes such requirements. While this development does not represent a change in any existing sales tax laws, the move is significant in that it signals the ecommerce giant has officially given up on its fight with states.
But why would Amazon about-face so abruptly? And what does it mean for the thousands of sellers who use the platform?
To learn more about the business implications of Amazon’s new sales tax collections policies, head over to the Sovos Compliance blog.