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Let's talk about tax. Unlike some countries, determining sales tax obligations in the United States requires untangling a Gordian knot of complex and ever-changing rates, exemptions, and definitions that vary by jurisdiction. This level of complexity can create big headaches for multi-location retailers trying to stay on top of their legal obligations. In this carousel, we outlined the four biggest US sales tax headaches facing telecom retail - and click here to learn more about their solution: https://lnkd.in/g7MvPHyw

Unlike some countries, determining sales tax obligations in the United States requires untangling a Gordian knot of complex and ever-changing rates, exemptions, and definitions that vary by jurisdiction. This level of complexity can create big headaches for multi-location wireless retailers trying to stay on top of their legal obligations. Here we recap the four biggest US sales tax headaches facing telecom retail - and how to ease the pain. Read the blog post: https://bit.ly/49D3cbw

Economic nexus "When you do enough business in a state you have to charge and collect sales tax" greatly impacts businesses. One area that many states had was if you did "100" transactions in a year, you had to deal with sales tax. Many states have dropped this threshold and more states are following along. Read more about this potential change as more states focus on just the total revenue in sales and not transactions in the link below. https://lnkd.in/gMtTukDV

A Straightforward Discussion on Nexus Sales tax nexus (also known as economic nexus) is when an out-of-state business reaches a certain annual #salesrevenue threshold or a number of sales transactions in another state. When that happens, the business must register to collect and remit #SalesTax in that state. https://shorturl.at/wpQxo #salestaxcompliance #SalesTaxNexus

Since the Supreme Court’s decision in 2018, almost all states with economic nexus opted to have dollar volume of sales as one trigger for sales tax obligations. And many states also tossed in the number of transactions over a previous period as a trigger. Now some states are getting rid of the transaction thresholds. This new infographic highlights which states have removed transaction thresholds for economic nexus. For more information, check out our blog: https://hubs.la/Q02Sfb5H0

Understanding Sales Tax on Services in Virginia: What Merchants Need to Know https://lnkd.in/e3UzU6ZE #UnitedStates #VAT #Tax #News Subscribe: https://bit.ly/2McweWZ

Sales tax on shipping in the US depends on multiple things like where and how you are shipping your product. This state-by-state guide will help you understand it better. https://lnkd.in/gUFSbuWh

Unlike some countries, determining sales tax obligations in the United States requires untangling a Gordian knot of complex and ever-changing rates, exemptions, and definitions that vary by jurisdiction. This level of complexity can create big headaches for multi-location retailers trying to stay on top of their legal obligations. Here are the four biggest US sales tax headaches facing telecom retail - and how to ease the pain. Read the blog post: https://bit.ly/49D3cbw

Sales tax obligations add an extra layer of complication to #DtC alcohol shipping. Download our free guide to learn the nuances of compliance. https://bit.ly/3Gv3Lb4

📢 Tax Alert: The FBR now charges a 25% sales tax on high-value mobile phone imports. Learn about the new regulations and their market impact. Read our comprehensive blog post for insights. Click the link below to read full details on EastLaw.pk https://lnkd.in/gzut45jE #FBR #SalesTax #MobilePhones #TaxUpdate #BusinessNews