Super Sales Tax Tuesday
On Tuesday 1 October 2019, the imposition of US sales tax obligations on foreign (‘remote’) sellers and marketplaces goes full throttle!
More than twelve new states will extend or update the requirements on remote sellers and marketplaces to tax local consumers with sales tax. This will include new tax laws for Texas.
The following seven states will implement economic nexus on 1 October 2019: Arizona, Kansas; Maryland (extending the existing law); Massachusetts; Minnesota; Tennessee; and Texas, the country’s second most populous state.
The marketplace facilitator laws require in and out-of-state marketplaces hosting online sales by remote sellers to collect sales tax on their behalf. Again, there is a registration threshold, but these can differ significantly from state-to-state.
Join us as we discuss how these impending changes will impact your business and learn how to:
- Understand the sales tax landscape following the 2018 Wayfair ruling
- Identify if you now have any sales tax obligations
- Remove the complexities of manual sales tax calculations
Jake Estes is a EMEA Solutions Engineer, for Avalara, the global leader in sales tax and VAT automation. For five years Jake has helped businesses utilise Avalara’s solutions to manage their US and global indirect tax compliance. Jake holds degrees from Washington State University (BA) and the University of Buckingham (MBA).
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.