In the post-Wayfair era, where physical presence is no longer required to be subject to a state’s sales tax, states continue to enact sales tax economic nexus provisions for remote sellers. If you are a business selling goods into multiple states, it is important for you to keep track of your sales and transactions by[ … ]
Tag: sales tax
Supreme Court Decision Allows States to Impose Sales Tax on Online Retailers
The U.S. Supreme Court just ruled on a landmark sales tax case, South Dakota v. Wayfair, Inc., that will change the way in which multistate businesses will be subject to sales tax in states where they have sales but no physical presence in the state. Prior to the ruling, the standard for triggering a sales[ … ]
Arizona Contractor Transaction Privilege Tax Reform – Final Legislation
Prime Contracting VS MRRA – Definitions and Tax Treatment SB 1446 updates the definitions of Modification and statutorily defines Alteration and Replacement. Modification no longer includes improvement, movement, MRRA (maintenance, repair, replacement, alteration) activities or related mobilization, demobilization, wreckage and demolition. Modification now includes all construction, grading, leveling, wreckage and demolition specifically not MRRA. Alteration[ … ]
