VAT Live on 17th September published an article about the Wayfair decision by the US Supreme Court which introduced a new ‘economic nexus’ test to determine if out-of-state online retailers are responsible for charging Sales Tax. The result will (could?) drag many non-US online retailers into the Sales Tax net for the first time. The ruling effectively overturned the previous test which limited the obligation to charge state or local Sales Tax to retailers with a physical presence in the states. Each state has a different start date and sales/transaction requirements that trigger nexus, and the article provides a list of the states and their tax thresholds, as of 14th September.
raytodd.blog 