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Sales tax and Marketplaces: Who owns the responsibility?

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Once upon a time, selling online meant little more than setting up a website and sending both marketing efforts and sales direct to your customers from you. jurisdictions also involves dealing with sales tax. On a marketplace platform, who has responsibility for the sales tax? But selling in U.S.

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TikTok Shop and sales tax | TaxConnex

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And how do you manage sales tax when selling on it? It’s a seamless integration that combines the spontaneity of social media with the convenience of online shopping,” says Wallaroo Media , a Utah-based marketing and advertising agency. TikTok Shop collects and remits sales tax on behalf of its sellers.

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State Discounts for Sales Tax

TaxConnex

Collecting and remitting sales tax can be onerous – and expensive – for any business. That’s one reason some states give a collection discount to help with the costs of managing sales tax. Generally, the breaks are small percentages of the sales tax that you collected and remitted to the state, perhaps 1% (or even less).

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Vendor concessions/discounts can help pay to outsource sales tax obligations

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Collecting and remitting sales tax to states and other tax jurisdictions is time consuming and can be expensive. collection discount to help with the costs of managing sales tax.?If If it sounds like free money to help cover the costs of outsourcing your sales tax compliance, it can be? For example, Utah recently nixed a big?seller

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Sales Tax and Vitamins/Dietary Supplements

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You won’t find too many more confusing sales tax scenarios than the one involving dietary supplements. For purposes of sales tax, sometimes supplements and vitamins are considered drugs (prescription or not), sometimes groceries or food, sometimes tangible personal property – and sometimes not. Sales tax isn’t getting any easier.

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Loopholes and other odd sales tax rules, part 2

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Last time we looked at a sample of the strange sales tax laws regarding food, including a sliced bagel in New York. If only that was the only complex category concerning sales tax. Diapers and groceries are taxed in Hawaii, Idaho, Utah, Kansas, Missouri, Oklahoma, Arkansas, Tennessee and Alabama, Mississippi and South Dakota.

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Tricky items for sales tax (Part 3)

TaxConnex

States are like that, too: sometimes candy is considered food (groceries) for sales tax purposes, sometimes it’s not and sometimes it’s somewhere in between. Flour in candy can also result in a different sales tax treatment depending on the state. Flour in candy can also result in a different sales tax treatment depending on the state.

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