April 2021 Roundup: Sales tax laws you need to know

While you focus on your business, we stay on top of legislative and policy changes that can affect your tax compliance.

There were a few big developments in the world of sales and use tax in April. Read on for details.

Taxing times

If it’s essential, should it be exempt?

Should sales and use tax apply to essential items like diapers and feminine hygiene products? Lawmakers in more than 16 states think not. Learn more.

 

Summertime can be a tax-free time.

COVID-19 has been hard on everyone, but some businesses have suffered more than others. Wisconsin may create a one-time summer sales tax holiday to give hard-hit businesses a boost. Learn more.

 

A different kind of story.

Data from Avalara and the Tax Policy Center suggests there’s a correlation between the states with the highest sales and use tax remittance and those with higher state tax revenues. Learn more.

 

Taxing online sales

And then there was one.

Starting July 1, 2021, Florida will require out-of-state sellers to collect and remit sales tax if their taxable sales into the state in the previous calendar year exceeded $100,000. Missouri is now the only state with a general sales tax that hasn’t adopted economic nexus. Learn more.

 

Maybe it’s time for a different approach.

Despite overwhelming support in the capitol, Kansas just can’t get an economic nexus threshold or marketplace facilitator law over the finish line. Or can it?  Learn more.

 

Nuts and bolts

Rate changes

A healthy handful of sales and/or use tax rate changes took effect May 1, 2021. Learn more.

 

How quickly can you remit?

Mississippi has eliminated an accelerated sales tax payment requirement, while Massachusetts may adopt one. If it does, it won’t be alone. Learn more.

 

News from the tap

Can I see some identification?

Beverage alcohol licensees are responsible for ensuring alcohol isn’t sold to people under the legal drinking age, even when selling through a third-party delivery service. Thus, licensees must work hand in hand with service providers to create an airtight process. Learn more.

 

News beyond the border

Differing requirements for different values.

U.S. retailers selling directly to customers in the U.K. must collect value-added tax (VAT) at the point of sale for all shipments valued at or below £135. However, for goods valued above £135, VAT is still due upon entry into the U.K. Learn more.

 

Wacky tax roundup

Where would you rather live (and work)?

Although motivated by very different reasons, both Hawaii and Oklahoma are encouraging certain businesses to set up shop in their states. Learn more.

 

Automating tax compliance helps businesses of all sizes navigate the changing seas of sales tax.

Related 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.