Out-of-State Sales Tax Collection Obligations: Is Physical Presence Still the Standard?
Boll, Jennifer M., The CPA Journal
Sales tax collection obligations can be confusing to businesses selling products in multiple states. Today, even the smallest of sole proprietors may sell products in two, 20, or even all 50 states. When selling in more than just the business's home state, it is important to reconcile all sales activity with the laws of each state to confirm sales tax collection obligations.
The following is a review of the current status of nexus interpretations governing the obligations of out-of-state businesses to collect sales tax. These obligations have expanded in recent years through court cases and administrative interpretations. Accordingly, the most recent interpretations are not always …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Out-of-State Sales Tax Collection Obligations: Is Physical Presence Still the Standard?. Contributors: Boll, Jennifer M. - Author. Magazine title: The CPA Journal. Volume: 78. Issue: 8 Publication date: August 2008. Page number: 48+. © New York State Society of Certified Public Accountants Feb 2009. Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.