United States
Three years after the Wayfair decision, economic sales tax nexus has become the norm, but unanswered questions and numerous issues remain.
California FTB amends remote worker nexus guidance, teleworking employees will create nexus and exceed P.L. 86-272 protections.
Nonresidents of Canada could face significant Canadian sales tax compliance obligations effective July 1, 2021.
Governor Ned Lamont has signed legislation retroactively providing COVID-related business nexus and personal income tax relief for 2020.
Business and professional services providers should consider whether sales tax collection is necessary in the wake of the Wayfair decision.
Companies contemplating a remote workforce should monitor the potential tax changes in states where employees may live and work.
Final FTC regulations provide clarity while Treasury takes a stance against permitting a credit for digital taxes in new proposed rules.
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.
The revised sales tax nexus standards reduce the current $500,000 threshold to $100,000 beginning Oct. 1, 2020.
Mississippi will require marketplace facilitators to register to collect and remit sales and use taxes beginning July 1, 2020.
Louisiana will require marketplace facilitators to register and collect and remit the state and local sales tax beginning July 1.
As businesses increase the use of remote workforces, nexus and withholding determinations can greatly complicate state tax compliance.
The Louisiana Sales and Use Tax Commission announced guidance for remote sellers exceeding the nexus thresholds beginning July 1, 2020.
Many employers are transitioning to virtual internship programs due to the COVID-19 crisis. Understand the state and local tax consequences.
State tax cash-flow maximization and risk minimization are available for private equity groups and their portfolio companies.
Employees working remotely due to the COVID-19 pandemic may result in income tax consequences to both the employee and the employer.
Proper evaluation can help life sciences companies prevent the undue state tax exposures when launching a new drug.
Fund management companies face difficult challenges in determining their state income tax filing obligations and apportionment rules.
Companies investing in the U.S. must consider how the new regime of state and local sales and use tax nexus may affect their organization.
North Carolina joins more than 30 states adopting a marketplace facilitator nexus provision effective Feb. 1, 2020.