More than twelve new states will extend or update the requirements on remote sellers and marketplaces to tax local consumers with sales tax. This will include new tax laws for Texas.
The following seven states will implement economic nexus. Arizona, Kansas; Maryland (extending the existing law); Massachusetts; Minnesota; Tennessee; and Texas, the country’s second most populous state.
The marketplace facilitator laws require in and out-of-state marketplaces hosting online sales by remote sellers to collect sales tax on their behalf. Again, there is a registration threshold, but these can differ significantly from state-to-state.
Join us as we discuss how these impending changes will impact your business and learn how to:
- Understand the sales tax landscape following the 2024 Wayfair ruling
- Identify if you now have any sales tax obligations
- Remove the complexities of manual sales tax calculations
