The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. For retailers and other firms, there’s the persistent lure of broadened reach into new markets. However, as has been the case in...
The 2018 South Dakota v. Wayfair ruling is reshaping the business landscape, forcing companies to consider its long-term effects. Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it...
Passing broad sales tax laws is an approach that many legislators are taking to close loopholes, but the policies don’t always play out as intended. States like Kansas have drafted laws to force platforms that don’t handle payments to collect sales tax, making compliance challenging....
The 2018 South Dakota v. Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. State and local governments aren’t satisfied with stopping their tax updates...
Key international negotiations surrounding Brexit stand to reshape global eCommerce, including the kinds and amounts of taxes that online marketplaces will face. Brexit has been generating headlines, questions and tensions ever since the June 2016 referendum, but a clear plan guiding the departure has yet...
The eCommerce sales tax laws introduced last year are causing unintended effects on the tobacco industry — making compliance harder. SMBs can’t afford to sell online if it means paying steep taxes, and time spent determining how much they owe in taxes to various state...
Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Global consensus over how such tax policies should be enacted has yet to materialize, however,...
Last year a Supreme Court ruling changed the way eCommerce firms collect taxes. It’s a patchquilt of state by state mandates, and a landmine for firms leery of running afoul of shifting policies. Greg Chapman, senior vice president of business development at Avalara, tells PYMNTS...
Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their...