Does your company have a multistate sales tax obligation?
ThomsonReuters
DECEMBER 20, 2020
Many states have adopted the economic nexus threshold used in South Dakota: $100,000 in gross receipts or 200 transactions in-state. However, some states have imposed a higher standard, and some have chosen not to use a transaction threshold. The impact of South Dakota v. Understanding economic nexus thresholds post- Wayfair.
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