Holiday Sales Tax Cheer for Online Retailers
By Ken Berry
The figures for holiday sales aren't in yet, but online retailers already have reason to celebrate: a proposal to tack onto a defense authorization bill an amendment that would impose sales tax on out-of-state sellers was booted at the last minute. Thus, small businesses that rely on the Internet to generate most of their revenue can toast their good fortune . . . for now.
- Notify retailers in advance of any rate changes within the state;
- Designate a single state organization to handle sales tax registrations, filings, and audits;
- Establish a uniform sales tax base for use throughout the state;
- Use destination sourcing to determine sales tax rates for out-of-state purchases; and
- Provide software and/or services for managing sales tax compliance, and holding retailers harmless for any errors that result from reliance on state-run systems and data.
- Will Congress Green Light the Main Street Fairness Act
- Internet Retailers and Sales Tax: What's Next?
Voice of the Editor
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