Monitoring Economic Nexus Thresholds - Gross Receipts or Taxable Sales?
TaxConnex
MAY 25, 2021
Having a full understanding of your sales tax obligations is important for your peace of mind. But, like most things in sales tax, this is easier said than done. It’s difficult enough to keep up with the different economic nexus thresholds per state, but for some states, the revenue thresholds are based on gross sales, and in other states, they are based on taxable sales.
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