Avalara Gives Update on Online Marketplace and Tax Changes in 2024
CPA Practice
APRIL 19, 2024
By 2027, marketplaces may account for 59% of ecommerce globally. Clothing priced less than $110 is exempt from state sales tax in New York but may be subject to local sales tax. Some states require marketplace facilitators to identify their own sales separately from third-party sales on their sales tax returns.
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