Posts Tagged ‘Multi-state sales tax lawyer’
Maryland Jumps On Wayfair Bandwagon and Announces Policy
In response to the Supreme Court’s decision in Wayfair Case, Maryland issued guidance to taxpayers on July 17, 2018. The Wayfair case struck down 50 years of Supreme Court precedent by holding that physical presence was no longer required to require companies to charge, collect, and remit sales tax in a state. For businesses, this…
Read MoreGeorgia Guidance Issued on Durable Medical Equipment
The Georgia Department of Revenue issued a guidance addressing whether a Taxpayer is required to collect sales tax on adjustable beds or mattresses when sold to a customer with a prescription from a licensed practitioner. The Taxpayer requesting the advisement is in the business of selling mattresses and specialty bedding. Some of Taxpayer’s sales include…
Read MoreGeorgia Nonprofit Aquarium Exemption Extended
Georgia has amended its existing state and local sales and use tax exemption to include purchases of construction and renovation materials by aquariums that are a qualifying §501(c)(3). The exemption is valid until January 1, 2022, or up to a total state sales and use tax refund amount of $4.5 million. Every year by June…
Read MoreIdaho Enacts New Nexus Standard in Response to Supreme Court Wayfair Decision
The Idaho State Tax Commission has issued a statement in response to the Wayfair decision by the Supreme Court of the United States. Currently, they are taking the case under consideration, which overturns roughly 50 years of sales tax precedent. The Wayfair case removed the requirement that businesses have a physical presence within a state…
Read MoreGeorgia Tax Overview for Auto Dealers
Auto dealers are prime targets for tax audits by the Georgia Department of Revenue. The industry faces many technical tax rules specific to Georgia that are difficult to properly execute on every transaction made by a busy business. With high dollar amount sales at issue, assessments can unfortunately be devastating to businesses. This article serves…
Read MoreNew Voluntary Disclosure Opportunities for Remote Businesses in the Wake of Wayfair
The Florida Department of Revenue has had a voluntary disclosure program for years. The program allows for a three year look-back period for which the taxpayer would pay any taxes owed with no penalty. Florida even offers a modified version for taxpayers who collected tax and failed to remit it. However, in these cases a…
Read MoreWhat Does Wayfair Mean for Retailers that Sell into Minnesota?
On June 21, 2018, the Supreme Court released an opinion that would change the online marketplace forever. In South Dakota v. WayfairSouth Dakota v Wayfair , SCOTUS overruled the longstanding physical presence requirement outlined in Quill Corp. v. North Dakota. For more of a background on these cases see our recent blog, Wayfair Puts Quill’s…
Read MoreWayfair Puts Quill’s Physical Presence Test for Sales and Use Tax Collection to Bed
The Supreme Court of the United States (“SCOTUS”) issued a ruling that significantly impacts online retailers and shoppers alike. Specifically, on June 21, 2018, the Supreme Court released its opinion in South Dakota v. Wayfair, that overruled 50 years of case law dealing with sales tax collection most recently addressed in Quill Corp. v. North…
Read MoreGeorgia Additional High-Technology Exemption Created
Georgia has enacted a temporary sales and use tax exemption for high-technology data centers applying to transactions from July 1, 2018, until December 31, 2028. The bill for the exemption is found in House Bill 696. The exemption applies to the sales and leases of high-technology data center equipment that will be incorporated or used…
Read MoreSouth Carolina Motorsports Complex Exemption Added
South Carolina has enacted a state and local sales tax exemption for materials used in the construction or repair of a motorsports entertainment complex. Effective July 2, 2018, the exemption applies to items used to construct, repair, or improve a complex such as building materials, supplies, fixtures, and equipment. To claim the exemption, a qualifying company…
Read More