As we face tremendous challenges due to the COVID-19 outbreak, “cost savings” is paramount to a company’s survival. With brick and mortar sites closing, salary cuts and, unfortunately, layoffs, there is a way for tax and accounts payable teams to …
The Alaska Remote Seller Sales Tax Commission has passed its Uniform Code, as it applies to Remote Sellers and Marketplace facilitators. This is a streamlined Code that accommodates the individual rates and exemptions of multiple jurisdictions within Alaska, with single-level, …
Texas has adopted an economic nexus threshold for its franchise tax. This means that a foreign (non-Texas) taxable entity might have franchise tax nexus even if it has no physical presence in the state. The new economic nexus threshold is …
Hawaii has released guidance on the expanded imposition of general excise tax (GET) on sales made through marketplace facilitators under Act 2, Session Laws of Hawaii 2019 (Act 2). As previously reported, Act 2 will become effective on January 1, …
The Michigan House of Representatives has passed legislation that would extend sales and use tax collection obligations to marketplace facilitators. The legislation would require marketplace facilitators to remit sales and use tax for all taxable sales made by the marketplace …
The Kansas Attorney General’s office has opined that the Department of Revenue’s policy in Notice 19-04, requiring all remote sellers to collect and remit sales tax by October 1, 2019, has no force or legal effect. Current Kansas statutory law …
