Blog

Oct 31, 2023

October 2023 Roundup: Tax laws you need to know 

Lindsey Raker

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

Nuts and bolts

No more nexus? A growing number of states are eliminating the transaction threshold that establishes sales tax nexus for remote sellers, and you’ll never guess who's leading the charge.  

 

Tricky tax. Of the 45 states (plus the District of Columbia) that have a general sales tax, ten stand out as being especially tricky for sales tax compliance. Find out why businesses with an obligation to collect sales tax in Arizona, California, Florida, Illinois, Louisiana, Missouri, New York, Tennessee, and Texas might have a tougher time getting tax right.

 

OTA Q&A. Who is responsible for collecting lodging taxes when an online travel agency is involved? The answer might be simple but complying with all state and local tax laws can get a little complicated.  

 

A glossy new glossary. India has been rolling out e-invoicing since early 2020, and the Goods and Services Tax Network (GSTN) helpfully published a glossary of key terms and concepts related to e-invoicing. We’ve reproduced the glossary on the Avalara Tax Desk for clarity and ease of reference.  

 

Snacks tax. Food taxes vary around the country, but they can get especially complicated when that food comes in an individual-sized portion. Pair this Wacky Tax Wednesday blog post with your favorite candy bar or bag of potato chips and learn about how snacks are taxed in certain states — and why size matters in Texas. 

From the tap

What’s in a label? As it turns out, you can judge a bottle of wine by the label (good news for those of us who make purchase decisions based on whether the label features a cute animal), at least when it comes to the federal authorities who decide whether a wine is appropriately registered with the U.S. Department of the Treasury Alcohol and Tobacco Tax and Trade Bureau.

From the accounting desk

AI accounting? We surveyed approximately 300 CFOs in the United States and United Kingdom to get their take on talent availability, economic conditions, and AI. Find out how they’re planning to use AI to drive efficiency and profitability.  

 

Check out the Avalara resource center for more helpful information. 

Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.

Ready to get started?

Start with a demo, a free nexus assessment, or a conversation with our team — and discover why millions of users trust Avalara.