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Indirect Tax

Managing obligations and maximize efficiency in the U.S. and global marketplace

An indirect tax is collected by one entity in the supply chain and paid to the government by the retailer. The expense is passed on to the consumer as part of the purchase price. Indirect taxes generate significant revenue for the state or country that imposes the tax. Although indirect tax is common in the United States and throughout the global economy, it is complicated and many businesses are not getting it right.

Thousands of state and local taxing jurisdictions in the United States complicates any company’s sales and use tax compliance. When compounded with global growth and sales, the addition of value added tax (VAT) and goods and services tax (GST), companies are exposed to significant risk.

Proper indirect tax planning is a vital component of a businesses’ financial and operational strategy. Growing into new markets, expanding product lines and many other common business activities that generate profits often increase your indirect tax exposure.

most recent indirect tax insights

California enacts changes to recent remote seller provisions

California amends the effective date for district remote seller nexus requirements; offers penalty relief for certain marketplace sellers.

  • July 10, 2019
Wisconsin enacts marketplace facilitator law and biennial budget

Wisconsin enacts marketplace facilitator law and biennial budget

Marketplace facilitators liable for sales tax collection; budget compromises avoid certain proposed tax increases on businesses.

  • July 08, 2019

Illinois enacts broad tax changes

The 2019 legislature passed several tax changes, issued marketplace facilitator rules and provided additional credits and incentives.

  • July 08, 2019
How will South Dakota v. Wayfair affect your club?

How will South Dakota v. Wayfair affect your club?

Learn more about the recent South Dakota v. Wayfair, Inc. U.S. Supreme Court decision and how it could affect private clubs.

  • July 02, 2019
New York exempts most GILTI; provides remote seller changes

New York exempts most GILTI; provides remote seller changes

New York enacts legislation exempting 95% of GILTI and increases the sales component of the economic sales tax nexus threshold.

  • June 26, 2019

Minnesota responds to the TCJA with special session tax bill

Minnesota’s long-awaited conformity bill presents new challenges for individual and corporate taxpayers; remote seller provisions modified.

  • June 12, 2019