What a (tax) difference a day makes

What a (tax) difference a day makes

Avalara’s CommerceTracker is releasing its latest commerce trends, and we’ve got good news for U.S. states: Leap Day could bring in an extra $3 billion in sales tax revenue. 

It turns out that 24 hours of commerce makes a big difference when it comes to state tax revenue. Our data shows that the last Leap Day (2012) brought in $2.8 billion in sales tax and states are on track to see even more money this year--another sign of a recovering economy.

Stay tuned for more interesting commerce trends in next week’s CommerceTracker report!

Recent posts

The 2021 sales tax changes report: midyear update

Your guide to navigating the complicated world of tax compliance and preparing for the future 

The 2021 sales tax changes report: midyear update
2021 MIDYEAR SALES TAX CHANGES

Hear tax and industry experts break down the latest legislative updates and industry trends in our upcoming virtual event.

Stay up to date

Sign up for our free newsletter and stay up to date with the latest tax news.