2019 Sales tax changes: Mid-year update
In the first six months of 2019, we've witnessed dramatic changes in sales and use tax rules as more than 39 states have now adopted economic nexus laws. That means if you're relying on information from 2018 or even early 2019 to guide your tax strategy, you could be making costly compliance mistakes.
Our VP of U.S. Tax Policy, Scott Peterson, sheds light on the biggest sales tax changes to go into effect in 2019 and what you can expect to happen in the second half of the year. Scott covers:
- The lingering impact of the South Dakota v. Wayfair, Inc. ruling on remote sellers
- Which states have enacted economic nexus rules and what that means for your business
- New requirements for marketplace sellers (Amazon, Etsy, etc.)
- Changes to tax-exempt transactions (for manufacturers and distributors)