State Nexus Updates
Webinar: Preparing for the Second Wave of Wayfair
Enforcement: The Teletsunami of Sales & Use Tax DATE: January 29, 2020 TIME: 2:30 pm EST DURATION: 1 hour + Q&A Notices are coming in swells as states shift their focus from development of Economic Nexus definitions and thresholds to enforcement of these...
Wisconsin’s Baseball Stadium District Tax to End
Wisconsin recently recently passed Assembly Bill 73 which will end the 0.1% baseball stadium sales and use tax on March 31, 2020 within Wisconsin’s “Baseball Stadium District” which includes Milwaukee, Ozaukee, Washington, Racine, and Waukesha counties. A copy of the...
Florida Reduces Sales Tax for Rentals of Real Property
Florida recently enacted legislation which will reduce the sales tax on rentals of real property from 5.7% to 5.5% effective January 1, 2020. Examples of real property rentals subject to this tax include commercial office or retail space, warehouses, and self-storage...
5 Predictions for Sales Tax in 2020
As we sit on the cusp of 2020, we find ourselves living in a world where almost every state imposes tax collection and remittance obligations on remote sellers (an increase of 50 percent from last year) and where a majority of states have enacted rules that impose new...
Louisiana Remote Sellers Commission Makes Progress
As the Louisiana Remote Sellers Commission moves forward with their plan to impose sales tax collection requirements on remote sellers, they have taken a step forward by approving a proposal from a new vendor who will design and implement a tax administration system...
Alaska is Next Frontier for Economic Nexus
Alaska one of the few places without a state-level sales tax. There are however many independent cities and boroughs which administer and collect their own taxes. As many states across the country seek to reap the tax dollars now available due to the Wayfair decision,...
This Week in Sales Tax
According to the October 29 Worcester Business Journal, a group of legislators and policy advocates is looking for ways to modernize Massachusetts state tax code, potentially taxing digital goods and services like music downloads or Spotify. Gov. Michael Dukakis...
Three Ways to Prepare for the Biggest Cyber Monday Ever
With the ever-growing preference for shopping online, Cyber Monday has shown continual overall revenue growth and this year is slated as the biggest yet. While retailers in the eCommerce space are already working out how to entice shoppers to spend with them this...
Showdown on the Prairie – Kansas AG Invalidates DOR Economic Nexus Pronouncement
In a startling development that appears intertwined with local Kansas politics, Attorney General Derek Schmidt issued an opinion that attempts to place a temporary halt to the Department of Revenue’s (DOR) plan to extend its sales tax compliance requirements to remote...
Massachusetts Budget Includes Economic Nexus and Marketplace Liability Rules
Massachusetts Governor Charlie Baker recently signed the 2020 Fiscal Year Budget which includes statutory language establishing a new economic nexus rule effective October 1, 2019. This new law replaces their existing “cookie nexus” standard with requirements...
North Carolina Passes Bill Expanding Sales Tax on Digital Goods
[July 30, 2019] North Carolina has approved a bill that expands sales tax on digital property by eliminating the requirement that an item have a taxable, tangible corollary in order to be taxable. The bill, which goes into effect October 1, 2019, defines “certain...
South Dakota v. Wayfair One Year Later – Sales Tax Retrospective and Look Ahead Q&A
On July 25th, Chuck Maniace, vice president of regulatory analysis and design at Sovos, hosted a replay of the “South Dakota v. Wayfair One Year Later” webinar on regulatory updates since the groundbreaking decision last June. Thanks to all those who participated, we...
Ohio Department of Taxation Clarifies Effective Dates for Marketplace Legislation
On July 23, 2019, the Ohio Department of Taxation released a tax alert clarifying and detailing the sales tax and nexus implications for marketplace facilitators, based on the recent passing of Ohio H.B. 166. As previously reported by Sovos, H.B. 166 obligates...
Economic Nexus Comes to Kansas After All
Non-Kansans, it is time to collect in the Sunflower State! Earlier this year, it looked as if Kansas was going to buck the national trend of establishing economic nexus for remote sellers when the Governor vetoed House Bill 2033, which outlined when a remote seller...
South Dakota v. Wayfair One Year Later Webinar Questions Answered
Thank you all who joined Sovos' webinar on June 27, “South Dakota v. Wayfair One Year Later – Sales Tax Retrospective and Look Ahead,” and submitted the following questions during the Q&A portion. They really put our regulatory analysis team to the test, and we...
Louisiana Ready to Tax Remote Commerce – Are You Ready to Collect?
While Louisiana is one of the few states (as of today) that does not actively require out-of-state vendors to collect their sales tax, it’s not for lack of effort or forethought. Louisiana has been thinking about taxing remote commerce for a few years and now, they...
Marketplace Sales Tax Collection Rules and Current State of Affairs
Marketplace sales tax laws are being used by states as an additional means to collect more sales tax revenue from remote sellers on marketplaces like Amazon, eBay, Etsy, and Walmart. These online marketplaces and the rules being introduced to compel marketplace tax...
Colorado Economic Nexus Law Change for Remote Sellers
In December 2018, the state of Colorado made substantial changes impacting the sales tax collection and remittance requirements imposed on both in-state and remote sellers. The state extended a grace period for companies to comply with these requirements through May...
Is Sales Tax Economic Nexus Simplification on the Horizon?
A topic of conversation on the recent Sovos and Deloitte Tax LLC webinar, “The Speed of Sales Tax – How to Stay Ahead of Changing Regulations in 2019,” was whether or not states will seek further economic nexus simplification. State of sales tax economic nexus...
Staying Ahead of Changing Sales Tax Regulations and Economic Nexus
On March 21, Sovos and Deloitte Tax LLP teamed up on a webinar, “The Speed of Sales Tax – How to Stay Ahead of Changing Regulations in 2019,” discussing trends in sales tax compliance that will impact tax professionals’ day-to-day processes and work. Below is a brief...
Marketplace Facilitators and Payment Processors – The New Taxpayers?
Marketplace Facilitators and Payment Processors Find Themselves in the Global Tax Compliance Crosshairs While approaches may differ across the globe, one of the defining trends in indirect tax over the last few years has been the effort to expand the number of types...